Question: Solve it correctly please. I ll rate with multiple votes. TYPED answer only. Show work and explain. Quantity The total tax incidence of the tax

Solve it correctly please. I ll rate with multiple votes. TYPED answer only. Show work and explain.

Solve it correctly please. I ll rate with multiple votes. TYPED answeronly. Show work and explain. Quantity The total tax incidence of the

Quantity The total tax incidence of the tax on producers is $0 3 Part 2 (2 points) Now let's see what happens when demand is perfectly elastic. In this case, the demand curve for photocopies is horizontal at a price of $10. On the diagram, shift the appropriate curve to illustrate the impact of a $2 per-unit tax placed on sellers. Photocopies Price 16 15 14 13 12 Quantity

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