A.How much is the tax in the above graph?
B.How much of this tax is borne by the buyer and how much is borne by the seller?
C.As a result of the tax, by about how much does consumption fall? (a) $6
(b) Buyer pays $1 and seller pays $5
(c) about 16

Question

A.How much is the tax in the above graph?
B.How much of this tax is borne by the buyer and how much is borne by the seller?
C.As a result of the tax, by about how much does consumption fall?  (a) $6
(b) Buyer pays $1 and seller pays $5
(c) about 16

Quizplus · Accepted Answer

The Answer of A.How much is the tax in the above graph?
B.How much of this tax is borne by the buyer and how much is borne by the seller?
C.As a result of the tax, by about how much does consumption fall?  (a) $6
(b) Buyer pays $1 and seller pays $5
(c) about 16

AHow Much Is the Tax in the Above Graph