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Figure 6-23 -Refer to Figure 6-23.Which of the Following Is Correct

Question 101

Multiple Choice

Figure 6-23 Figure 6-23 -Refer to Figure 6-23.Which of the following is correct? A) The entire burden of the tax falls on sellers,and none of the burden of the tax falls on buyers. B) One-third of the burden of the tax falls on buyers,and two-thirds of the burden of the tax falls on sellers. C) One-half of the burden of the tax falls on buyers,and one-half of the burden of the tax falls on sellers. D) Two-thirds of the burden of the tax falls on buyers,and one-third of the burden of the tax falls on sellers.
-Refer to Figure 6-23.Which of the following is correct?


A) The entire burden of the tax falls on sellers,and none of the burden of the tax falls on buyers.
B) One-third of the burden of the tax falls on buyers,and two-thirds of the burden of the tax falls on sellers.
C) One-half of the burden of the tax falls on buyers,and one-half of the burden of the tax falls on sellers.
D) Two-thirds of the burden of the tax falls on buyers,and one-third of the burden of the tax falls on sellers.

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