(Figure: Tax on Sellers of Soft Drinks) In the graph of the soft drink market shown here, the original equilibrium price is $2.50 per bottle. A tax is then placed on the sellers of soft drinks. The incidence of the tax on the buyer is ____ % and the incidence of the tax on the seller is _____ %.
A)50, 50
B)100, 0
C)20, 80
D)70, 30

Question

(Figure: Tax on Sellers of Soft Drinks) In the graph of the soft drink market shown here, the original equilibrium price is $2.50 per bottle. A tax is then placed on the sellers of soft drinks. The incidence of the tax on the buyer is ____ % and the incidence of the tax on the seller is _____ %. 
A)50, 50 
B)100, 0 
C)20, 80 
D)70, 30

Quizplus · Accepted Answer

The Answer of (Figure: Tax on Sellers of Soft Drinks) In the graph of the soft drink market shown here, the original equilibrium price is $2.50 per bottle. A tax is then placed on the sellers of soft drinks. The incidence of the tax on the buyer is ____ % and the incidence of the tax on the seller is _____ %. 
A)50, 50 
B)100, 0 
C)20, 80 
D)70, 30

(Figure: Tax on Sellers of Soft Drinks) in the Graph