given-the-supply-equation-qs-4p-12-how-would-you-adjust-this-equation-if-a-2-tax

Question

Given the supply equation Qs = 4P - 12, how would you adjust this equation if a $2 tax is imposed on suppliers?

Accepted Answer

Qs = 4(P - 2) - 12

Answer

Qs = 4P - 10

Answer

Qs = 4(P + 2) - 12

Answer

Qs = 4P - 14

Given the supply equation Qs = 4P - 12, how would you adjust this equation if a \$2 tax is imposed on suppliers?