In the diagram above,D represents the original demand curve,S represents the original supply curve,and S' represents the supply curve once a per-unit tax is imposed.
-Refer to the diagram above.The total dollar value of the burden of the tax on consumers is equal to
A) ½(IH) HC) .
B) (EA) (AH) + ½(ME) (EI) .
C) ½(ME) (EI) .
D) ½(EA) (AH) .
E) (EA) (AH) .
Correct Answer:
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Q185: Suppose that a market is initially in
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