Multiple Choice
The figure above shows the market for MP3 players, where S is the supply curve and D is the demand curve before any tax is imposed. The government imposes a $10 per unit tax on sellers of MP3 players.
-Based on the figure above,after the tax is imposed,the price paid by the buyer is ________ per MP3 player.
A) $105
B) $100
C) $95
D) $110
E) $90
Correct Answer:
Verified
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