Multiple Choice
The graph shown demonstrates a tax on buyers. The post-tax price paid by buyers is _______, and the post-tax price received by sellers is _______. The difference between them is the _________.
A) $34; $22; amount of the tax
B) $30; $18; tax burden
C) $22; $34; tax wedge
D) $30; $18; amount of the tax
Correct Answer:
Verified
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