HW chap 6-7

Currentlypapercosts400for100sheetsthe

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Unformatted text preview: todo= pr intvie wSingle 2/5 1/22/2014 Assignme nt Pr int Vie w Section: Dissecting the Effects of a Price Change Graphing Beatriz enjoys writing and uses a large amount of paper. Currently, paper costs $4.00 for 100 sheets. The formula for her demand curve is where PS is the price of 100 sheets and S is the number of packages of 100 sheets. The governor of her state has proposed taxing paper at the rate of $1.50 for each 100 sheets. Assume this policy would increase the price of paper to $5.50 (including tax). Draw Beatriz'...
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This note was uploaded on 01/22/2014 for the course ECO 3352 taught by Professor Ax during the Fall '13 term at Troy.

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