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Figure 6-12 ​

Question 308

Multiple Choice

Figure 6-12
Figure 6-12 ​ ​ -Refer to Figure 6-12. Suppose a tax of $84 per unit is imposed on this market. Which of the following is correct? A) Buyers and sellers will share the burden of the tax equally. B) Sellers will bear more of the burden of the tax than buyers will. C) Buyers will bear more of the burden of the tax than sellers will. D) There is no tax burden. ​
​
-Refer to Figure 6-12. Suppose a tax of $84 per unit is imposed on this market. Which of the following is correct?


A) Buyers and sellers will share the burden of the tax equally.
B) Sellers will bear more of the burden of the tax than buyers will.
C) Buyers will bear more of the burden of the tax than sellers will.
D) There is no tax burden.

Correct Answer:

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