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QUESTION
aggregate demand is given by the equation D(p)=500-p and aggregate supply by the equation S(p)=-100+5p.
aggregate demand is given by the equation D(p)=500-p and aggregate supply by the equation S(p)=-100+5p. suppose a per-unit tax is imposed that reduces the number of units bought and sold in the market to 300 units. what is the size of the per-unit tax?
