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

Question 45

Multiple Choice

Figure 8-7
The vertical distance between points A and B represents a tax in the market. 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) $32 for each unit of the good,and sellers effectively receive $24 for each unit of the good. B) $32 for each unit of the good,and sellers effectively receive $16 for each unit of the good. C) $24 for each unit of the good,and sellers effectively receive $16 for each unit of the good. D) $28 for each unit of the good,and sellers effectively receive $20 for each unit of the good.
-Refer to Figure 8-7.As a result of the tax,buyers effectively pay


A) $32 for each unit of the good,and sellers effectively receive $24 for each unit of the good.
B) $32 for each unit of the good,and sellers effectively receive $16 for each unit of the good.
C) $24 for each unit of the good,and sellers effectively receive $16 for each unit of the good.
D) $28 for each unit of the good,and sellers effectively receive $20 for each unit of the good.

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