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The Next Questions Refer to the Following

Question 22

Multiple Choice

The next questions refer to the following.
Suppose the supply of labor is W - t = 10H, where W is the gross wage, t is the tax (in dollars) , and H is labor hours. The demand for labor is W = 120 - 2H.
-What fraction of this tax is borne by the workers?


A) 1/6
B) 2/6
C) 3/6
D) 4/6
E) 5/6

Correct Answer:

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