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This gives her the advantage cture.com/courses/26817/quizzes/120463/take Use the

ID: 1128943 • Letter: T

Question

This gives her the advantage cture.com/courses/26817/quizzes/120463/take Use the information to answer the following questions The following graph depicts a market where a tax has been imposed. Pe was the equilibrium price before the tax was imposed, and Qe was the equilibrium quantity. After the tax, Pc is the price that consumers pay, and Ps is the price that producers receive. Qr units are sold after the tax is imposed. NOTE: The areas B and C are rectangles that are divided by the supply curve ST. Include both sections of those rectangles when choosing your answers. S, What is the amount of the tax, as measured along the y axis? O Pc+ Ps Pc-Pe Pe + Ps

Explanation / Answer

Answer
The tax=price paid by buyer-price received by seller
=Pc-Ps
the tax is $(Pc-Ps)
option third

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