Figure 6-13

-Refer to Figure 6-13. Acme, Inc. is a seller of the good. Acme sells a unit of the good to a buyer and then pays the tax on that unit to the government. After paying the tax, Acme receives how much?

Question

Figure 6-13
 
-Refer to Figure 6-13. Acme, Inc. is a seller of the good. Acme sells a unit of the good to a buyer and then pays the tax on that unit to the government. After paying the tax, Acme receives how much?

Quizplus · Accepted Answer

The amount Acme receives after paying the tax is $8.00, as this is the net amount after the tax has been deducted from the selling price.

Figure 6-13 -Refer to Figure 6-13. Acme, Inc. Is a Seller of Is