y axis on graph

y axis on graph reads: Price of hamburger (25)

x axis on graph reads: Quantity of hamburger (23)

——————————————

The graph above shows the market for​ hamburger, which is in equilibrium. Hamburger is a normal​ good, and people alike to eat cheese with hamburger. Beef is an input to hamburger production.

Suppose that there is an increase in taxes.

1.) Using the line drawing tool​, show the effect on the market. Properly label your new curve.

2.) Using the point drawing tool​,show the new equilibrium price and quantity. Label your point​ ‘E’. ATTACHMENT PREVIEW

Hi there! Click one of our representatives below and we will get back to you as soon as possible.

Chat with us on WhatsApp