The graph shown demonstrates a tax a sellers. Before the tax was imposed, the sellers produced ________ units and received __________ for each one sold.

Question

Quizplus · Accepted Answer

Looking at the graph, before the tax was imposed, the equilibrium quantity was at 31 units and the equilibrium price was at $9. Therefore, the best choice is B which states the sellers produced 31 units and received $9 for each one sold.

The Graph Shown Demonstrates a Tax a Sellers