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Exhibit 5-9 Supply and Demand Curves for Good X

Question 43

Multiple Choice

Exhibit 5-9 Supply and Demand Curves for Good X
Exhibit 5-9 Supply and Demand Curves for Good X In Exhibit 5-9, assume the government places a $200 per unit sales tax on Good X. The percentage of the burden of taxation paid by consumers of Good X is: A) zero. B) 25 percent. C) 50 percent. D) 100 percent.
In Exhibit 5-9, assume the government places a $200 per unit sales tax on Good X. The percentage of the burden of taxation paid by consumers of Good X is:


A) zero.
B) 25 percent.
C) 50 percent.
D) 100 percent.

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