Qd=132-8p
Qs=6+4p
. find equilibrium of P and Q
.what is equilibrium P and Q if unit tax t=4.5
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Answer:Pd+Ps+tax
Pd=16.5-0.125Q
Ps=-1.5+0.25Q
Tax=4.5
Pd=Ps+tax
16.5-0.125Q=-1.5+0.25Q+4.5
16.5-3=0.375Q
Q=36
P=16.5-0.125Q
=16.5-0.125(36)
P =12
Therefore Equilibrium price=12 while equilibrium Quantity=36
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