Market Equilibrium, disequilibrium, Floor and Ceiling Prices, CS, PS, DWL Based on the following functions, compute for the: Demand: P = 1200 – 4Q Supply :  P = 655 + 2Q The government imposed a P300 tax on Producers Draw the graph for items 2-3

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Q: Based on the following functions, compute for the: Demand: P = 1200 – 4Q Supply :  P = 655 + 2Q…

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