Refer to Figure 4-22. Sellers pay how much of the tax per unit?

A) $1.00.
B) $1.50.
C) $2.50.
D) $3.00.

Question

Refer to Figure 4-22. Sellers pay how much of the tax per unit?A)  $1.00.B)  $1.50.C)  $2.50.D)  $3.00.

Marcus VandenBosch · Accepted Answer

Final Answer : B, Explanation :  The amount sellers pay of the tax per unit is determined by the difference between the price they receive after the tax and the original equilibrium price. If Figure 4-22 shows this difference as $1.50, then that is the amount sellers pay per unit.

Refer to Figure 4-22. Sellers pay how much of the tax per unit?

A) $1.00.
B) $1.50.
C) $2.50.
D) $3.00.

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Learning Objectives

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