Scenario: the Market for Good X

Scenario: The Market for Good X:
The market for good X can be depicted with the following demand and supply equations: Demand: P = 50 - 1/2Q
Supply: P = 1/3Q
where P is price per unit and Q represents quantity in units.Policy makers plan on imposing a
$1 per unit tax on this good.
(Scenario: The Market for Good X) Look at the scenario The Market for Good X.If a $1 per unit tax is imposed, the price of good X will increase by:
A.$20.
B.$0.60.
C.$1.00.
D.$1.50.