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Refer to the following graph. Before a tax, customers by blouses for $10 and they purchase 10 blouses. S $15 10 Price of imported silk blouses D 0 7 10 Quantity of imported silk blouses in hundreds

Refer to the following graph. Before a tax, customers by blouses for $10 and they purchase 10 blouses. S $15 10 Price of imported silk blouses D 0 7 10 Quantity of imported silk blouses in hundreds (ignore the Quantity statement in hundreds". For example, the market equilibrium is $10 and 10 blouses) With a tax of $10 a blouse. a. How many blouses would be sold? b. How much would customers pay per blouse? C. How much would publishers get per blouse? d. How much would the government collect in taxes? #4 Refer to the graph shown that depicts a third-party payer market for prescription drugs, What is the cost of this program to the third-party if a $2 co-pay is established? Price $8 Supply 6 4 2 Demand 50 Quantity 15 30 45

Apr 10 2021 View more View Less

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