Figure 8-7 the Vertical Distance Between Points a and B Represents a Represents

Multiple Choice

Figure 8-7
The vertical distance between points A and B represents a tax in the market.

-Refer to Figure 8-7.As a result of the tax,buyers effectively pay

A) $16 for each unit of the good, and sellers effectively receive $12 for each unit of the good.
B) $16 for each unit of the good, and sellers effectively receive $8 for each unit of the good.
C) $12 for each unit of the good, and sellers effectively receive $8 for each unit of the good.
D) $14 for each unit of the good, and sellers effectively receive $10 for each unit of the good.