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Author Question: The diagram below shows supply and demand diagrams(SandD) for some product. The government then ... (Read 380 times)

meganh99

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The diagram below shows supply and demand diagrams (S and D) for some product. The government then imposes an excise tax. The new supply curve is ST.



FIGURE 18-4

Refer to Figure 18-4. What is the dollar value of the direct burden of this tax?


◦ $180
◦ $90
◦ $30
◦ $450
◦ -$30


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Marked as best answer by meganh99 on Oct 12, 2022

MajorWaffle

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meganh99

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Reply 2 on: Oct 12, 2022
Thanks for the timely response, appreciate it


bimper21

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Reply 3 on: Yesterday
Excellent

 

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