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-Using the Above Figure, If the Government Levies a New

Question 156

Multiple Choice

  -Using the above figure, if the government levies a new unit tax in this market, S represents the original supply curve, and St represents the after-tax supply curve, then the after-tax price paid by consumers is the vertical distance from the origin to A)  point A. B)  point B. C)  somewhere between point B and point A. D)  point F.
-Using the above figure, if the government levies a new unit tax in this market, S represents the original supply curve, and St represents the after-tax supply curve, then the after-tax price paid by consumers is the vertical distance from the origin to


A) point A.
B) point B.
C) somewhere between point B and point A.
D) point F.

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