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(Figure) the Figure Shows a Market with a Supply Tax

Question 273

Multiple Choice

(Figure) The figure shows a market with a supply tax with quantity measured in thousands. The dead weight loss due to the tax is _____ and the tax incidence is _____.
(Figure) The figure shows a market with a supply tax with quantity measured in thousands. The dead weight loss due to the tax is _____ and the tax incidence is _____. A) $6,250; borne evenly B) $12,500; borne more heavily by producers C) $3,125; borne more heavily by consumers D) $18,750; zero


A) $6,250; borne evenly
B) $12,500; borne more heavily by producers
C) $3,125; borne more heavily by consumers
D) $18,750; zero

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