Figure 8-3

-Refer to Figure 8-3.What is the price sellers receive after the tax
A)$8
B)$10
C)$16
D)$24

Name: Figure 8-3 -Refer to Figure 8-3.What is the price sellers receive after the tax A)$8 B)$10 C)$16 D)$24
Brand: Quizplus
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Question

Figure 8-3
 
-Refer to Figure 8-3.What is the price sellers receive after the tax
A)$8 
B)$10 
C)$16 
D)$24

Quizplus · Accepted Answer

The new equilibrium price with the tax is $10, which is the price buyers pay. The price sellers receive after the tax is the original equilibrium price of $8 plus the tax of $2, so sellers receive $10 in total.

Figure 8-3 -Refer to Figure 8-3.What Is the Price Sellers Receive After