The quantity q of apricots demanded at price p is given by q = 36 - 4p and the supply schedule by q = 2p.The government imposes a quantity tax at some rate t, which it collects from buyers.What is the smallest tax rate that will result in no apricots being bought or sold?
A)6.67%
B)9%
C)6%
D)10.50%
E)12%

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The Answer of The quantity q of apricots demanded at price p is given by q = 36 - 4p and the supply schedule by q = 2p.The government imposes a quantity tax at some rate t, which it collects from buyers.What is the smallest tax rate that will result in no apricots being bought or sold?
A)6.67%
B)9%
C)6%
D)10.50%
E)12%

The Quantity Q of Apricots Demanded at Price P Is