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Price $11 10 90 100 Quantity 22. How much of the tax will the sellers pay? а. $3 b. $2 C. $1 d. $0 23. How much will the buyer pay for the product after the tax is imposed? a. $11 b. $10 c. $8 d. $0

Price $11 10 90 100 Quantity 22. How much of the tax will the sellers pay? а. $3 b. $2 C. $1 d. $0 23. How much will the buyer pay for the product after the tax is imposed? a. $11 b. $10 c. $8 d. $0

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Price $11 10 Daner Tax 90 100 Quantity 22. How much of the tax will the sellers pay? а. $3 b. $2 C. $1 d. $0 23. How much will the buyer pay for the product after the tax is imposed? a. $11 b. $10 c. $8 d. $0
Transcribed Image Text:Price $11 10 Daner Tax 90 100 Quantity 22. How much of the tax will the sellers pay? а. $3 b. $2 C. $1 d. $0 23. How much will the buyer pay for the product after the tax is imposed? a. $11 b. $10 c. $8 d. $0
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