Author Question: In the above figure, the amount of the tax per unit imposed on the sellers is A) 0.50. B) 1.00. ... (Read 87 times)

nummyann

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In the above figure, the amount of the tax per unit imposed on the sellers is
 
  A) 0.50.
  B) 1.00.
  C) 1.50.
  D) 2.00.

Question 2

The above table gives the demand and supply schedules for Blu-ray discs. Based on the table, the equilibrium quantity and price of a Blu-ray discs is
 
  A) 28,000 and 12.
  B) 20,000 and 20.
  C) 16,000 and 24.
  D) 16,000 and 16.



cascooper22

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Answer to Question 1

D

Answer to Question 2

B



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