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Figure 6-27 This Figure Shows the Market Demand and Market Supply Curves

Question 126

Multiple Choice

Figure 6-27
This figure shows the market demand and market supply curves for good Z. Figure 6-27 This figure shows the market demand and market supply curves for good Z. -Refer to Figure 6-27.Suppose a tax of $6 per unit is imposed on this market.Which of the following is correct? A) Buyers and sellers will share the burden of the tax equally. B) Buyers will bear more of the burden of the tax than sellers will. C) Sellers will bear more of the burden of the tax than buyers will. D) Any of the above is possible.
-Refer to Figure 6-27.Suppose a tax of $6 per unit is imposed on this market.Which of the following is correct?


A) Buyers and sellers will share the burden of the tax equally.
B) Buyers will bear more of the burden of the tax than sellers will.
C) Sellers will bear more of the burden of the tax than buyers will.
D) Any of the above is possible.

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