Refer to Figure 4-20. The amount of the tax per unit isA) $1.B) $2.C) $3.D) $5.

Question

Refer to Figure 4-20. The amount of the tax per unit isA)  $1.B)  $2.C)  $3.D)  $5.

Robert Southworth · Accepted Answer

Final Answer : C, Explanation :  The correct answer is $3, as it represents the difference between the price buyers pay and the price sellers receive after the tax is imposed.

Refer to Figure 4-20. The amount of the tax per unit is

A) $1.
B) $2.
C) $3.
D) $5.

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Learning Objectives

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