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In the Following Graph, If a $15 Excise Tax Is

Question 41

Multiple Choice

In the following graph, if a $15 excise tax is placed on the sale of every bungee jump, the new price that consumers will pay is _____, and the incidence of the tax falls more heavily on _____.
In the following graph, if a $15 excise tax is placed on the sale of every bungee jump, the new price that consumers will pay is _____, and the incidence of the tax falls more heavily on _____. A) $75; buyers B) $75; sellers C) $60; buyers D) $60; sellers


A) $75; buyers
B) $75; sellers
C) $60; buyers
D) $60; sellers

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