given that the demand function of mos Annie
Danaruru morden market is given
As Qd =450-5P
and the Supply function of mr mubarak
in Kano morden market as Qs=50+3p respectively you are required
1. Calculate the equalibrum price and equation
2. Confugure your result in above
3. When government impose tax of $30 How much of this tax will be borne by
the consumer and The supplier
4. When government give a subsidy of $20 how much will be benefited by the supplier and consumer?
In Abubakar Tafawa Balewa University
1 Answers Available
Asked by Polycarp on 20th June, 2023
Ask Your Own Question
Quick Questions
See More Abubakar Tafawa Balewa University Questions
Answers ({{ comment_count }})
Please wait...
Modal title
Report
Block User
{{ feedback_modal_data.title }}