Figure 6-13

-Refer to Figure 6-13.What is the per-unit burden of the tax on buyers

Name: Figure 6-13 -Refer to Figure 6-13.What is the per-unit burden of the tax on buyers
Brand: Quizplus
Rating: 5.0 (58 reviews)

Question

Figure 6-13
 
-Refer to Figure 6-13.What is the per-unit burden of the tax on buyers

Quizplus · Accepted Answer

The per-unit burden of the tax on buyers is equal to the difference between the price buyers pay with the tax and the price they would pay without the tax. In this case, buyers would pay $58 with the tax and $48 without the tax, so the per-unit burden of the tax is $10. Option B is the correct answer.

Figure 6-13 -Refer to Figure 6-13.What Is the Per-Unit Burden of the Per-Unit