Refer to the following graph.
Given a tax of t on suppliers, revenue collected is:
A) A, B, C. Suppliers pay A and B. Consumers pay C.
B) A, B, C. Suppliers pay B and C. Consumers pay A.
C) A and B. Suppliers pay A. Consumers pay B.
D) A and B. Suppliers pay B. Consumers pay A.
Correct Answer:
Verified
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