Figure: Tax Incidence
(Figure: Tax Incidence) Look at the figure Tax Incidence.All other things unchanged, the effect of an excise tax imposed on gasoline in the short run is most likely illustrated by panel
________, and the greater share of the burden of the excise tax (shown by the tax wedge in each panel) is borne by _.
A.A; buyers
B.B; sellers
C.A; sellers
D.B; buyers

Question

Figure: Tax Incidence
  (Figure: Tax Incidence) Look at the figure Tax Incidence.All other things unchanged, the effect of an excise tax imposed on gasoline in the short run is most likely illustrated by panel
________, and the greater share of the burden of the excise tax (shown by the tax wedge in each panel) is borne by _. 
A.A; buyers
B.B; sellers
C.A; sellers
D.B; buyers

Quizplus · Accepted Answer

The Answer of Figure: Tax Incidence
  (Figure: Tax Incidence) Look at the figure Tax Incidence.All other things unchanged, the effect of an excise tax imposed on gasoline in the short run is most likely illustrated by panel
________, and the greater share of the burden of the excise tax (shown by the tax wedge in each panel) is borne by _. 
A.A; buyers
B.B; sellers
C.A; sellers
D.B; buyers

Figure: Tax Incidence (Figure: Tax Incidence) Look at the Figure Tax