Use the following to answer questions:
Figure: Tax on Supply and Demand 
-(Figure: Tax on Supply and Demand) According to the figure, if the tax is placed on sellers, the equilibrium is at Point:
A) A, and the equilibrium price and quantity are P3 and Q2.
B) A, and the equilibrium price and quantity are P4 and Q3.
C) B, and the equilibrium price and quantity are P3 and Q2.
D) C, and the equilibrium price and quantity are P1 and Q2
Correct Answer:
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Q28: By law, workers pay half the Social
Q29: Which of the following is correct concerning
Q30: With a tax on producers, supply:
A) increases.
B)
Q31: A tax on sellers of apples:
A) leads
Q32: Use the following to answer questions:
Figure: Demand
Q34: Use the following to answer questions:
Figure: Tax
Q35: Use the following to answer questions:
Figure: Tax
Q36: With a tax on consumers, supply:
A) increases.
B)
Q37: Use the following to answer questions:
Figure: Tax
Q38: Suppose there is a tax of $50
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