In the fall, the pie makers of Redbud, Vermont love to purchase apples, picked from the local apple orchards, to make apple pies. Ten would be happy to pay up to $6 for a bushel of apples and ten more would pay as much as $8. Each of the thirty children living in Redbud would be willing to pick one bushel of apples if they are paid at least $5 to do so. Redbud is trying to raise money to support its baseball team (the Redbud raiders) and has decided to tax pie makers $2 for every bushel of apples they purchase. How will this change the competitive equilibrium in the apple market

Respuesta :

Answer:

Negatively

Explanation:this will change the competitive equilibrium negatively because there is an increase in the price at which bushel of apples are purchased causing those willing to pay $6 pay $8, therefore paying the same price as those willing to pay $8

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