Figure 8-2

-Refer to Figure 8-2.What is the per unit burden of the tax on buyers
A)(P₃ - P₁) / (Q₂ - Q₁)
B)P₃ - P₂
C)(P₂ - P₁) / (Q₂ - Q₁)
D)P₂ - P₁

Question

Figure 8-2
 
-Refer to Figure 8-2.What is the per unit burden of the tax on buyers
A)(P₃ - P₁) / (Q₂ - Q₁) 
B)P₃ - P₂ 
C)(P₂ - P₁) / (Q₂ - Q₁) 
D)P₂ - P₁

Quizplus · Accepted Answer

The per unit burden of the tax on buyers is the difference between the price buyers pay after the tax (P₃) and the price they would have paid without the tax (P₂).

Figure 8-2 -Refer to Figure 8-2.What Is the Per Unit Burden of Per