if-the-demand-equation-is-qd-20-3p-and-a-1-tax-is-imposed-on-consumers-how-would

Question

If the demand equation is Qd = 20 - 3P and a $1 tax is imposed on consumers, how would you adjust this equation?

Accepted Answer

Qd = 20 - 3(P + 1)

Answer

Qd = 20 - 3P - 1

Answer

Qd = 20 - 3P + 1

Answer

Qd = 20 - 3(P - 1)

If the demand equation is Qd = 20 - 3P and a \$1 tax is imposed on consumers, how would you adjust this equation?