ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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ndus
The vertical distance between points A and C represent a tax in the market.
1000 Price
900+
800
700
600-
500+
400
300
200-
100+
Supply
Demand
10 20 30 40 50 60 70 80 90 100110 Quantity
The per-unit burden of the tax on buyers is
a. $20.
b. $200.
c. $300.
d $500.
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Transcribed Image Text:ndus The vertical distance between points A and C represent a tax in the market. 1000 Price 900+ 800 700 600- 500+ 400 300 200- 100+ Supply Demand 10 20 30 40 50 60 70 80 90 100110 Quantity The per-unit burden of the tax on buyers is a. $20. b. $200. c. $300. d $500.
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