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Figure 6-21 -Refer to Figure 6-21.How Is the Burden of the Tax

Question 89

Multiple Choice

Figure 6-21 Figure 6-21 -Refer to Figure 6-21.How is the burden of the tax shared between buyers and sellers? Buyers bear A) three-fourths of the burden,and sellers bear one-fourth of the burden. B) two-thirds of the burden,and sellers bear one-third of the burden. C) one-half of the burden,and sellers bear one-half of the burden. D) one-fourth of the burden,and sellers bear three-fourths of the burden.
-Refer to Figure 6-21.How is the burden of the tax shared between buyers and sellers? Buyers bear

A) three-fourths of the burden,and sellers bear one-fourth of the burden.
B) two-thirds of the burden,and sellers bear one-third of the burden.
C) one-half of the burden,and sellers bear one-half of the burden.
D) one-fourth of the burden,and sellers bear three-fourths of the burden.

Correct Answer: