11.00 10.00 9.00 Supply 8.00 7.00 Demand 6.00 5.00 4.00 3.00 2.00 1.00 300 600 00 900 1200 1500 1800 2100 2400 Suppose that a $3 tax was imposed on the market above, what is the consumer tax-incidence? O a. 2/3 O b.3/4 O c. 1/3 O d. 1/5
11.00 10.00 9.00 Supply 8.00 7.00 Demand 6.00 5.00 4.00 3.00 2.00 1.00 300 600 00 900 1200 1500 1800 2100 2400 Suppose that a $3 tax was imposed on the market above, what is the consumer tax-incidence? O a. 2/3 O b.3/4 O c. 1/3 O d. 1/5
Principles of Microeconomics
7th Edition
ISBN:9781305156050
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter12: The Design Of The Tax System
Section: Chapter Questions
Problem 7PA
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