Figure 8-5

-Refer to Figure 8-5.If the tax is imposed in this market,what price would the buyers pay for the good
A)$2
B)$6
C)$10
D)$16

Name: Figure 8-5 -Refer to Figure 8-5.If the tax is imposed in this market,what price would the buyers pay for the good A)$2 B)$6 C)$10 D)$16
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Question

Figure 8-5
 
-Refer to Figure 8-5.If the tax is imposed in this market,what price would the buyers pay for the good
A)$2 
B)$6 
C)$10 
D)$16

Quizplus · Accepted Answer

The price buyers pay for the good after the tax is imposed is $16, as indicated by the shift in the supply curve or the new equilibrium point in the market.

Figure 8-5 -Refer to Figure 8-5.If the Tax Is Imposed in This