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Instructions- Reset the diagram to the initial settings- Set demand re.pdf

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Instructions: Reset the diagram to the initial settings. Set demand relatively elastic such that the vertical intercept is $90 . supply is perfectly elastic, and there is no excise tax (set to $0 ) a. What is the equilibrium price? $ b. What is the equilibrium quantity? units.

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Instructions: Reset the diagram to the initial settings. Set demand relatively elastic such that the vertical intercept is $90 . supply is perfectly elastic, and there is no excise tax (set to $0 ) a. What is the equilibrium price? $ b. What is the equilibrium quantity? units

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