The per-unit burden of the tax on sellers is

A. $8
B. $14
C. $6
D. $10

C. $6

Economics

You might also like to view...

If we ignore the negative or positive sign, the midpoint method of calculating a percentage change in price between two points on a demand curve results in

A) a smaller percentage change if the price rises than if it falls. B) the same percentage, regardless of whether the price increases or decreases. C) the price elasticity of demand. D) the price elasticity of supply. E) a higher percentage change if the price rises than if it falls.

Economics

Collective bargaining refers to negotiations between: a. representatives of employers and unions. b. unions and government regulators

c. consumers and producers. d. employers and consumers.

Economics