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Question 229

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Use the following to answer questions:
Figure: The Market for Yachts Use the following to answer questions: Figure: The Market for Yachts   -(Figure: The Market for Yachts)  Look at the figure The Market for Yachts. If the government imposes a $30,000 tax on yachts (collected from the producers) , consumers will pay _____ of the tax and producers will pay _____. A)  $20,000; $10,000 B)  $15,000; $15,000 C)  $10,000; $20,000 D)  $5,000; $25,000
-(Figure: The Market for Yachts) Look at the figure The Market for Yachts. If the government imposes a $30,000 tax on yachts (collected from the producers) , consumers will pay _____ of the tax and producers will pay _____.


A) $20,000; $10,000
B) $15,000; $15,000
C) $10,000; $20,000
D) $5,000; $25,000

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