Refer to Figure 4-22. The price paid by buyers after the tax is imposed is

A) $1.00.
B) $3.50.
C) $5.00.
D) $6.00.

Question

Refer to Figure 4-22. The price paid by buyers after the tax is imposed isA)  $1.00.B)  $3.50.C)  $5.00.D)  $6.00.

Savannah Alegria-Gabriel · Accepted Answer

Final Answer : D, Explanation :  The price paid by buyers after the tax is imposed is $6.00, as indicated by the new equilibrium price in the figure after accounting for the tax.

Refer to Figure 4-22. The price paid by buyers after the tax is imposed is

A) $1.00.
B) $3.50.
C) $5.00.
D) $6.00.

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Learning Objectives

Learning Objectives

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