Question: Consider the graph, which shows the effect of a per-unit tax on a market. Which of the following statements is correct? Supply 2 Price ($)

 Consider the graph, which shows the effect of a per-unit tax

Consider the graph, which shows the effect of a per-unit tax on a market. Which of the following statements is correct? Supply 2 Price ($) Tax Supply consumers P Producers Demand Q, Quantity (in units) The tax lowers the cost of production. O Buyers will pay a lower price per unit for their product after the tax. O Sellers can only charge a lower price per unit for their product after the tax Sellers earn the price hammers which is below the original equilibrium price

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