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(Figure: Tax on Seller) in the Graph Shown, the Original

Question 12

Multiple Choice

(Figure: Tax on Seller) In the graph shown, the original equilibrium price is $50. A $6 tax is placed on the seller in this market. The economic burden of this tax on the seller is $ _____. (Figure: Tax on Seller)  In the graph shown, the original equilibrium price is $50. A $6 tax is placed on the seller in this market. The economic burden of this tax on the seller is $ _____.   A) 6 B) 1 C) 2 D) 5


A) 6
B) 1
C) 2
D) 5

Correct Answer:

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