Exhibit 20-2 -Refer to Exhibit 20-2.The market for good X is initially in equilibrium at $5.The government then places a per-unit tax on good X,as shown by the shift of S₁ to S₂.As a result, A) consumers end up paying $6.25 per unit, and producers end up receiving $5.00 per unit, but keeping only $4.00 per unit. B) consumers end up paying $6.25 per unit, and producers end up receiving and keeping $4.00 per unit. C) consumers end up paying $5.00 per unit, and producers end up receiving and keeping $5.00 per unit. D) consumers end up paying $6.25 per unit, and producers end up receiving $6.25 per unit, but keeping only $4.00 per unit. E) none of the above

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The Answer of Exhibit 20-2 -Refer to Exhibit 20-2.The market for good X is initially in equilibrium at $5.The government then places a per-unit tax on good X,as shown by the shift of S₁ to S₂.As a result, A) consumers end up paying $6.25 per unit, and producers end up receiving $5.00 per unit, but keeping only $4.00 per unit. B) consumers end up paying $6.25 per unit, and producers end up receiving and keeping $4.00 per unit. C) consumers end up paying $5.00 per unit, and producers end up receiving and keeping $5.00 per unit. D) consumers end up paying $6.25 per unit, and producers end up receiving $6.25 per unit, but keeping only $4.00 per unit. E) none of the above

Exhibit 20-2 -Refer to Exhibit 20-2.The Market for Good X Is Initially