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Suppose a $4 Tax Is Imposed on Sellers in the Market

Question 85

Multiple Choice

Suppose a $4 tax is imposed on sellers in the market shown in the graph. The tax-inclusive price (or after-tax price) paid by the buyer will be _______ and the tax-inclusive price (or after-tax price) received by the seller will be _______. A) $12; $8 B) $11; $5 C) $8; $4 D) $10; $6 Suppose a $4 tax is imposed on sellers in the market shown in the graph. The tax-inclusive price (or after-tax price) paid by the buyer will be _______ and the tax-inclusive price (or after-tax price) received by the seller will be _______.


A) $12; $8
B) $11; $5
C) $8; $4
D) $10; $6

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