Refer to the figure above. With the tariff, the government collects

The figure above shows the market for tires. The government has imposed a tax on tires, and the buyers pay ________ of the tax

A) $10 B) $20 C) $50 D) $60 E) $30

Refer to Figure 7-4. With insurance and a third-party payer system, what price do doctors receive for medical services?

A) $25 B) $40 C) $55 D) >$55