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Figure: Soda Market Legislators Impose a Tax of $0

Question 49

Multiple Choice

Figure: Soda Market Figure: Soda Market   Legislators impose a tax of $0.70 on soda that reduces the quantity of soda sold from 130,000 cans of soda to 100,000, cans. How much of the $0.70 tax per can will producers pay? A)  $0.10 B)  $0.35 C)  $0.60 D)  $0.70 Legislators impose a tax of $0.70 on soda that reduces the quantity of soda sold from 130,000 cans of soda to 100,000, cans. How much of the $0.70 tax per can will producers pay?


A) $0.10
B) $0.35
C) $0.60
D) $0.70

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