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-The Graph Shows the Market for Textbooks

Question 22

Multiple Choice

-The graph shows the market for textbooks. If the government introduces a tax of $20 a textbook, then the price paid by buyers A) increases to $80 a textbook. B) increases by $20. C) decreases to $60 a textbook. D) is $70 a textbook. E) does not change because the demand for textbooks is perfectly elastic.
-The graph shows the market for textbooks. If the government introduces a tax of $20 a textbook, then the price paid by buyers


A) increases to $80 a textbook.
B) increases by $20.
C) decreases to $60 a textbook.
D) is $70 a textbook.
E) does not change because the demand for textbooks is perfectly elastic.

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