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Use the Figure a Tax on the Demand for a Good

Question 104

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Use the figure A Tax on the Demand for a Good II. A $6 excise tax has been placed on this market. How much of this $6 tax does the buyer pay?

Figure: A Tax on the Demand for a Good II
Use the figure A Tax on the Demand for a Good II. A $6 excise tax has been placed on this market. How much of this $6 tax does the buyer pay? ​ Figure: A Tax on the Demand for a Good II   A)  $4 B)  $6 C)  $10 D)  $3


A) $4
B) $6
C) $10
D) $3

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