Figure: The Market for Yachts
(Figure: The Market for Yachts) Look at the figure The Market for Yachts.If the government imposes a $60,000 tax on yachts (collected from the producers), consumers will pay
________ of the tax and producers will pay _.
A.$30,000; $30,000
B.$40,000; $20,000
C.$20,000; $40,000
D.$10,000; $50,000

Question

Figure: The Market for Yachts
   (Figure: The Market for Yachts) Look at the figure The Market for Yachts.If the government imposes a $60,000 tax on yachts (collected from the producers), consumers will pay
________ of the tax and producers will pay _. 
A.$30,000; $30,000
B.$40,000; $20,000
C.$20,000; $40,000
D.$10,000; $50,000

Quizplus · Accepted Answer

The Answer of Figure: The Market for Yachts
   (Figure: The Market for Yachts) Look at the figure The Market for Yachts.If the government imposes a $60,000 tax on yachts (collected from the producers), consumers will pay
________ of the tax and producers will pay _. 
A.$30,000; $30,000
B.$40,000; $20,000
C.$20,000; $40,000
D.$10,000; $50,000

Figure: the Market for Yachts