(Table: Market for Fried Cheesecake) Use Table: Market for Fried Cheesecake. The government decides to tax fried cheesecake at a rate of $0.30 per cheesecake and collect the tax from producers. Of the $0.30 tax per fried cheesecake, consumers actually pay _____, while producers actually pay _____.
A)$0.30; $0.00
B)$0.15; $0.15
C)$0.20; $0.10
D)$0.00; $0.30

Question

(Table: Market for Fried Cheesecake) Use Table: Market for Fried Cheesecake. The government decides to tax fried cheesecake at a rate of $0.30 per cheesecake and collect the tax from producers. Of the $0.30 tax per fried cheesecake, consumers actually pay _____, while producers actually pay _____. 
A)$0.30; $0.00 
B)$0.15; $0.15 
C)$0.20; $0.10 
D)$0.00; $0.30

Quizplus · Accepted Answer

The Answer of (Table: Market for Fried Cheesecake) Use Table: Market for Fried Cheesecake. The government decides to tax fried cheesecake at a rate of $0.30 per cheesecake and collect the tax from producers. Of the $0.30 tax per fried cheesecake, consumers actually pay _____, while producers actually pay _____. 
A)$0.30; $0.00 
B)$0.15; $0.15 
C)$0.20; $0.10 
D)$0.00; $0.30