Let supply be given by P = 5Q and demand by P = 19 - 2Q. Suppose we now place a tax of 5 per unit of output on the seller. The new supply curve is:
A. P = 5 + 5Q
B. P = 5Q
C. P = 5Qt5
D. P = 5Q - 5
Answer: A
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What will be an ideal response?
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