Multiple Choice
Use the following to answer question: 
-(Figure: The Market for Lattes) Use Figure: The Market for Lattes.If the government assesses a tax of $0.75 on sellers of lattes,the price producers will receive for a latte after the tax will:
A) decrease from $2 to $1.75.
B) decrease from $2 to $1.50.
C) decrease from $2 to $1.25.
D) change,but we cannot determine by how much.
Correct Answer:
Verified
Correct Answer:
Verified
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