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Figure 6-24 -Refer to Figure 6-24.In the After-Tax Equilibrium,government Collects

Question 118

Multiple Choice

Figure 6-24 Figure 6-24 -Refer to Figure 6-24.In the after-tax equilibrium,government collects A) $1,440 in tax revenue;of this amount,$960 represents a burden on buyers and $480 represents a burden on sellers. B) $1,440 in tax revenue;of this amount,$720 represents a burden on buyers and $720 represents a burden on sellers. C) $1,680 in tax revenue;of this amount,$1,260 represents a burden on buyers and $420 represents a burden on sellers. D) $1,680 in tax revenue;of this amount,$840 represents a burden on buyers and $840 represents a burden on sellers.
-Refer to Figure 6-24.In the after-tax equilibrium,government collects


A) $1,440 in tax revenue;of this amount,$960 represents a burden on buyers and $480 represents a burden on sellers.
B) $1,440 in tax revenue;of this amount,$720 represents a burden on buyers and $720 represents a burden on sellers.
C) $1,680 in tax revenue;of this amount,$1,260 represents a burden on buyers and $420 represents a burden on sellers.
D) $1,680 in tax revenue;of this amount,$840 represents a burden on buyers and $840 represents a burden on sellers.

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