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30 Nov 2018
14) Suppose the government institutes a $3/unit tax on the sales of some good and the price paid by consumers rises from $9 to $11. With this information we can say (on a per unit basis): A) that consumers bear none of the burden of this tax and producers bear the entire burden. B) that consumers bear the entire burden of this tax and producers bear none of the burden. C) that consumers bear $2 of the burden of this tax and producers bear $l of the burden. D) that consumers bear $2 of the burden of this tax and the government bears $1 of the burden. E) nothing about the burden of the tax without more information.
14) Suppose the government institutes a $3/unit tax on the sales of some good and the price paid by consumers rises from $9 to $11. With this information we can say (on a per unit basis): A) that consumers bear none of the burden of this tax and producers bear the entire burden. B) that consumers bear the entire burden of this tax and producers bear none of the burden. C) that consumers bear $2 of the burden of this tax and producers bear $l of the burden. D) that consumers bear $2 of the burden of this tax and the government bears $1 of the burden. E) nothing about the burden of the tax without more information.
larryrambo777Lv10
26 Mar 2023
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Patrina SchowalterLv2
2 Dec 2018
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