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Highili ure 8-3 10 Refer to Figure &-3. The price that buyers eflectively pay af

ID: 1200835 • Letter: H

Question

Highili ure 8-3 10 Refer to Figure &-3. The price that buyers eflectively pay after the tax is imposed is a $24. b. S16 C $10 d. $8. Refer to Figure 8-3. The price that sellers effectively roceive after the tax is imposed is a. $24. b. $14 25. 26. $10. d. $8 27. Refer te Figure 8-3. The per-unit barden of the tax on sellers is a $16. b. $14. $8. d. $6. RefertoFigure 83. The amount of tesevenue roerved by the governme taequal to a. $210 b $420. e $560 d: $980. Refer to Figure 8-3. The amount of deadweight loss as a result of the tex is 28. 29.

Explanation / Answer

Answers:

25. a. $24

26. b. $16.

27. d. $6

28. d. $980

29. a. $210

30. c. $560

31. $420.

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