Suppose that a market is initially in equilibrium. The initial demand curve is $P = 90 - Q ^ { d }$. The initial supply curve is $P = 2 Q ^ { s }$. Suppose that the government imposes a $\$ 3$ tax on this market. How much of this $\$ 3$ tax is paid by consumers?
A) $\$ 1$.
B) $\$ 1.50$.
C) $\$ 2$.
D) $\$ 3$

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The Answer of Suppose that a market is initially in equilibrium. The initial demand curve is $P = 90 - Q ^ { d }$. The initial supply curve is $P = 2 Q ^ { s }$. Suppose that the government imposes a $\$ 3$ tax on this market. How much of this $\$ 3$ tax is paid by consumers?
A) $\$ 1$.
B) $\$ 1.50$.
C) $\$ 2$.
D) $\$ 3$

Suppose That a Market Is Initially in Equilibrium P=90−QdP = 90 - Q ^ { d }P=90−Qd

Suppose That a Market Is Initially in Equilibrium $P = 90 - Q ^ { d }$