Use the following graph for a competitive market to answer the question below.Assume the government imposes a $3 tax on buyers, which results in a shift of the demand curve from D1 to D2. The price the seller receives for the product after the tax is imposed on the buyer is

A. $7.
B. $5.
C. $8.
D. $3.

Answer: B

Economics

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When U.S. computer companies hire workers in India to staff their customer service call centers, they are engaging in

A) predatory pricing. B) unfair trade practices. C) outsourcing. D) labor engagement.

Economics

Depreciation of the dollar will tend to _______ the prices we pay for our imports and ______ the prices that foreigners pay for our exports.

Fill in the blank(s) with the appropriate word(s).

Economics