The burden that results from a tax on yachts falls more heavily on the buyers of yachts than on the sellers of yachts

Approximately 50,000 luxury boats (priced $100,000 or more) are currently produced each year. Using the economic way of thinking, how much revenue would the government actually generate with a $10,000 excise tax on luxury boats?

a. $500 million b. less than $500 million c. more than $500 million d. approximately $5 billion

How many prices would there be in a barter economy with 100 goods?

A) 100 B) 1,000 C) 4,950 D) 10,000