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-When a Unit Tax of $2 Is Levied on a Product

Question 79

Multiple Choice

-When a unit tax of $2 is levied on a product A) the entire $2 is paid by the consumer. B) the entire $2 is paid by the producer. C) both the consumer and producer pay $2 each. D) the consumer pays part of the $2 and the producer pays the rest.
-When a unit tax of $2 is levied on a product


A) the entire $2 is paid by the consumer.
B) the entire $2 is paid by the producer.
C) both the consumer and producer pay $2 each.
D) the consumer pays part of the $2 and the producer pays the rest.

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