Using the graph shown, answer the following questions. 9 00 c. How much of the tax...
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Using the graph shown, answer the following questions. 9 00 c. How much of the tax will the buyers pay? How much of the tax will the sellers pay? d. e. How much will the buyer pay for the product after the tax is imposed? f. How much will the seller receive after the tax is imposed? g. As a result of the tax, what has happened to the level of market activity? 8 7 6 5 4 What was the equilibrium price in this market before the tax? b. What is the amount of the tax? 3 2 price S * 24 6 8 S after tax 10 D 12 14 16 quantity Using the graph shown, answer the following questions. 9 00 c. How much of the tax will the buyers pay? How much of the tax will the sellers pay? d. e. How much will the buyer pay for the product after the tax is imposed? f. How much will the seller receive after the tax is imposed? g. As a result of the tax, what has happened to the level of market activity? 8 7 6 5 4 What was the equilibrium price in this market before the tax? b. What is the amount of the tax? 3 2 price S * 24 6 8 S after tax 10 D 12 14 16 quantity
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