A tax on demand shifts ________________ , and the burden of the tax falls on _______________.    Question 3 options:   the demand curve only;  on demanders only.    both demand and supply curves; on both suppliers and demanders.   the supply curve only; on both suppliers and demanders.   the demand curve only; on both suppliers and demanders.

Refer to Figure A-2. The supply curve S1 and the demand curve D show the initial market equilibrium for the beer market. A $.25-per-bottle tax is on beer is placed on producers, which shifts the supply curve from S1 to S2. What is the tax revenue generated by consumers? Group of answer choices $12 15 $0.25 3

Question 36 For Questions 36-46, please refer to the following graph. The vertical distance between points A and B represents a per-unit tax in the market. tPrice 12 11 10 t. Supply H. G 4 3- 2- 1- Demand 0s 1 13 2 2s 3 33 4 45 s Deantit Without the tax, the equilibrium price in this market is $ , and the equilibrium quantity is units.

Solve all this question......you will not solve all questions then I will give you down?? upvote......

Doyle and Samphantharak (2008) find that when a 5% gas tax is implemented, prices consumers pay for gas increase by about 4%. What role does demand elasticity play in determining the size of this price change? That is, under what demand elasticity cases would the price change be closer to 5%, or closer to 0%? Illustrate and explain using supply-and-demand graph(s)..

Now assume the government raises the tax from $1.00 to $1.50. This causes sale to decline from 10,000 units to 5,000 units. a) calculate the price(tax) elasticity of demand. b) is it elastic, inelastic, or unit elastic? c) what happens to total tax revenue?

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Using the supply and demand data for wheat below, what would happen if the government placed a $3 per bushel tax on wheat? Bushels demanded 45 50 56 61 67 Price per bushel $6 $5 $4 LA LA LA $3 $2 Bushels supplied 77 73 68 61 57 O the producer price would fall, the consumer price would rise, and the quantity sold would increase. The producer price would fall, the consumer price would rise, and the equilibrium quantity would fall O Both the consumer price and the producer price would rise the consumer price would rise by less than $3 while the producer price would fall by more than $3 O the equilibrium consumer price would rise by $3

Given the following information: QD= 240-5P QS= P Where QD is the quantity demand, QS is the quantity supplied and P is the price. Suppose the government decides to impose tax of $12 per unit on sellers in the market. Determine:      Deadweight loss of the tax _____________.

A sales tax is imposed on good A. The supply of good A is not perfectly elastic or perfectly inelastic. Suppose that the demand for good A becomes more inelastic. (a) Will the tax burden on sellers increase or decrease? (b) Will the DWL increase or decrease?