Price (dollars per pizza) 20 18 16 12 10 8 6 4 2 S+ tax on sellers S 0 10 20 30 40 50 60 70 80 90 100 Quantity (thousands of pizzas) The figure above shows the pizza market in the city of Pepperoniville. If the government imposes the sales tax shown in the figure on sellers, then the price the buyer pays for pizza is $ and the price the seller receives for the pizza is $ Just enter value. Do not include the "$" sign.
Price (dollars per pizza) 20 18 16 12 10 8 6 4 2 S+ tax on sellers S 0 10 20 30 40 50 60 70 80 90 100 Quantity (thousands of pizzas) The figure above shows the pizza market in the city of Pepperoniville. If the government imposes the sales tax shown in the figure on sellers, then the price the buyer pays for pizza is $ and the price the seller receives for the pizza is $ Just enter value. Do not include the "$" sign.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Price (dollars per pizza)
18
8
6
A
2
S+ tax on sellers
S
D
0 10 20 30 40 50 60 70 80 90 100
Quantity (thousands of pizzas)
The figure above shows the pizza market in the city of Pepperoniville. If the government imposes the
sales tax shown in the figure on sellers, then the price the buyer pays for pizza is $
and the price the seller receives for the pizza is $
Just enter value. Do not include the "$" sign.
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