1. The price that buyers pay after the tax is imposed is
a. $8.
b. $10
c. $16
d. $24
2. The effective price that sellers receive after the tax is imposed is
a. $6.
b. $10
c. $16
d. $24
3. The amount of the tax per unit is
a. $6.
b. $8
c. $14
d. $18
4. The per-unit burden of the tax on buyers is
a. $6
b. $8
c. $14
d. $24
5. The per-unit burden of the tax on sellers is
a. $6
b. $8
c. $10
d. $14
1. The price that buyers pay after the tax is imposed is
a. $8.
b. $10
c. $16
d. $24
2. The effective price that sellers receive after the tax is imposed is
a. $6.
b. $10
c. $16
d. $24
3. The amount of the tax per unit is
a. $6.
b. $8
c. $14
d. $18
4. The per-unit burden of the tax on buyers is
a. $6
b. $8
c. $14
d. $24
5. The per-unit burden of the tax on sellers is
a. $6
b. $8
c. $10
d. $14
Related textbook solutions
Related questions
1-
If the government increases the tax on a good then the price paid by buyers will ______________ and the price sellers receive will _________________.
| a. |
increase; increase |
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| b. |
increase; decrease |
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| c. |
decrease; increase |
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|
d. decrease; decrease ________________________________________________________ 2- It doesn't matter whether a tax is levied on the buyers or sellers of a good because _____________.
|
