Greebies cost $100, and then the government puts a $50 sales tax on Greebies. (This means the tax is on the buyers). What is most likely to be the new price buyers pay? O a. $150 O b. $170 k O c. All of these are equally likely to be the new price buyers pay O d. $70 O e. $100 O f. $130

Greebies cost $100, and then the government puts a $50 sales tax on Greebies. (This means the tax is on the buyers). What is most likely to be the new price buyers pay? O a. $150 O b. $170 k O c. All of these are equally likely to be the new price buyers pay O d. $70 O e. $100 O f. $130

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Greebies cost $100, and then the government puts a $50 sales tax on Greebies. (This means
the tax is on the buyers). What is most likely to be the new price buyers pay?
O a. $150
O b.
$170
K
Oc. All of these are equally likely to be the new price buyers pay
Od. $70
Oe.
$100
Of. $130

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