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Author Question: A consumer values a car at 30,000 and a producer values the same car at 20,000 . If a tax is levied ... (Read 32 times)

jon_i

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A consumer values a car at 30,000 and a producer values the same car at 20,000 . If a tax is levied on the seller, what level of tax will result in unconsummated transaction?
 a. 0
 b. 25
  c. 60
  d. 40

Question 2

A consumer values a car at 30,000 and a producer values the same car at 20,000 . What amount of tax will result in unconsummated transaction?
 a. 4,000
 b. 9,000
 c. 15,000
  d. 2,000



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miss_1456@hotmail.com

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Answer to Question 1

c

Answer to Question 2

c





 

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