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QUESTION
"Given the demand and supply function as 20 = Qd 3p/2 and 10 = Qs - P/2, find (1) Equilibrium price and quantity (2) show the picture of your answer
"Given the demand and supply function as 20 = Qd 3p/2 and 10 = Qs - P/2, find (1) Equilibrium price and quantity (2) show the picture of your answer above (3) if government impose Tax of N2, what is the new equilibrium price and quantity (4) what is the burden share? "
