a. Using the graph below, demonstrate the effect of this tax on the market for tanning sessions. Instructions: Use the tool provided, 'New line,' to draw; either a new supply or demand curve that reflects the impact of this tax. Pl only the endpoints of the line. Then use the tool provided, 'New EQ,' to indicate the new equilibrium point.

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A: Given: Qd=300-6P Qs=-40+6P Note: Part 2 has been answered as per the student's choice.

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A:

Q: Question 10

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A: here we calculate the tax face by buyer , seller and affect of tax on consumption as follow-

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Q: Use this picture to answer the questions that follow 9.50 Supply 8.50 7.50 Demant 50 60 70 80 90 100…

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Q: Suppose that the government imposes a tax on cigarettes. Use the diagram below to answer the…

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Q: ECON1000 - Principles of Economics 1 | S1 21/22 Time left 0:13:59 A tax is imposed on producers of a…

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