The diagram below shows the equilibrium price and quantity of commodity A which is produced jointly with commodity B.
do do-demand curve
so so - supply curve
PE -Equilibrium point
QE -Equilibrium quantity
- On the diagram show the effect of a decrease of tax charged on commodity B on the equi8librium price and quantity of commodity A
- Explain the effect of a decrease of tax charged on commodity B on the equilibrium price and quantity of commodity A