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Use the Figure Below Illustrating the Impact of an Excise

Question 166

Multiple Choice

Use the figure below illustrating the impact of an excise tax to answer the following question(s) .
Figure 4-6
Use the figure below illustrating the impact of an excise tax to answer the following question(s) . Figure 4-6 Refer to Figure 4-6. The amount of the actual tax burden paid by consumers and producers is A) $1.00 for consumers and $.50 for producers B) $1.00 for consumers and $1.00 for producers. C) $.25 for consumers and $.75 for producers. D) $.50 for consumers and $.50 for producers.
Refer to Figure 4-6. The amount of the actual tax burden paid by consumers and producers is


A) $1.00 for consumers and $.50 for producers
B) $1.00 for consumers and $1.00 for producers.
C) $.25 for consumers and $.75 for producers.
D) $.50 for consumers and $.50 for producers.

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