Refer to Figure 4-22. The amount of the tax per unit is

A) $1.00.
B) $1.50.
C) $2.50.
D) $3.50.

Question

Refer to Figure 4-22. The amount of the tax per unit isA)  $1.00.B)  $1.50.C)  $2.50.D)  $3.50.

Karley Thurmond · Accepted Answer

Final Answer : C, Explanation :  The tax per unit is calculated as the difference between the price buyers pay and the price sellers receive. If Figure 4-22 shows these prices, the tax is the difference, which is $2.50.

Refer to Figure 4-22. The amount of the tax per unit is

A) $1.00.
B) $1.50.
C) $2.50.
D) $3.50.

Definitions

Learning Objectives

Learning Objectives

Related questions