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Practice Problem of the Day, 10/1/2013

October 1st, 2013 · No Comments
Practice Problem of the Day

This video shows how to find market equilibrium with a tax from a supply and demand schedule and also explains how to find consumer and producer surplus under a tax. The problem is taken from Principles of Microeconomics by Dirk Mateer and Lee Coppock, and is Ch. 6 problem #2.

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