Market effects of a tax, Market Effects of a Tax. Consider

Market effects of a tax

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Market Effects of a Tax. Consider the market for fish. Use a demand and supply graph to predict the effect of a tax paid by fish producers of $1 per pound of fish. Use a demand and supply graph to predict the market effect of the tax. Arrow up or down: The equilibrium price will___, and the equilibrium quantity will_____.

Reference no: EM131424730

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