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The Graph Shown Demonstrates a Tax on Sellers

Question 106

Multiple Choice

The graph shown demonstrates a tax on sellers. The post-tax price paid by buyers is _______ than that received by sellers, and the difference is the _______. Leading is incorrect on this QS. A) greater; tax wedge B) less; total tax revenue C) greater; total tax revenue D) less; tax wedge The graph shown demonstrates a tax on sellers. The post-tax price paid by buyers is _______ than that received by sellers, and the difference is the _______. Leading is incorrect on this QS.


A) greater; tax wedge
B) less; total tax revenue
C) greater; total tax revenue
D) less; tax wedge

Correct Answer:

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