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Assume That the Demand and the Supply in a Market QD=2005PQ _ { D } = 200 - 5 P

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Assume that the demand and the supply in a market are represented by the following equations:
QD=2005PQ _ { D } = 200 - 5 P QS=5P10Q _ { S } = 5 P - 10 (i)Compute the market equilibrium in this case.
(ii)If the government were to introduce an excise tax of $2 per unit of output, what would the new equilibrium be? What would the economic incidence of this tax be?

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