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Draw and label a graph depicting a government tax on consumers of a good Start with a graph depicting general market equilibrium with the demand curve having a slope of

Draw and label a graph depicting a government tax on consumers of a good. Start with a graph depicting general market equilibrium with the demand curve having a slope of 1 (technically negative 1) and the supply curve having a slope of 2. Modify the graph to demonstrate the effect of a tax on the consumer on the market.

Apr 09 2020 View more View Less

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