Question

suppose the demand for chicken ceasar salads at home can be expressed by the (normal) demand...

suppose the demand for chicken ceasar salads at home can be expressed by the (normal) demand function: Q=10-P. Further suppose that the (normal) supply function can be expressed: Q=2P-2. A tax of $3/salad is levied on home(the producer) what will be the new price paid by consumers after the tax?

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Answer #1

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I DD- & Flo-p. ss= 8=2p - 2 - Aftertan, 8=2 (P+3) -2. 8=2p+4 At Equilibens BA = 55. : 1o-p=2p+4. 6=31 TP2,2] = leie fes bager New Price pard by continens efterture . is $2.

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