Suppose that a certain product has the following demand and supply functions, where p is the price per unit in dollars and q is the quantity produced.

?

Demand: 

Supply: 



If a $15 tax per item is levied on the supplier, who passes it on to the consumer as a price increase, find the market equilibrium point after the tax.

?



A.
B.
C.
D.
E.


Answer: D

Mathematics

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