13. This question corresponds with the demand and supply curves below for good X Demand: P-900-700 Supply: P = 100 Qs (P= Price, QpQuantity demanded) (Qs Quantity supplied) If a $10 per unit tax is imposed on the suppliers of this market, then: O a suppliers will bear a burden of $8.75 from this tax Ob.consumers will bear a burden of $8.75 from this tax Oc. suppliers will bear a burden of $98.75 from this tax O d.consumers will bear the entire burden of this tax Oe. none of the above

Essentials of Economics (MindTap Course List)
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ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter6: Supply, Demand And Government Policies
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QUESTION 13
13. This question corresponds with the demand and supply curves below for good X
Demand: P-900-700
Supply: P = 100 Qs
(P= Price, Qo Quantity demanded)
(Qs Quantity supplied)
If a $10 per unit tax is imposed on the suppliers of this market, then:
O a suppliers will bear a burden of $8.75 from this tax
Ob.consumers will bear a burden of $8.75 from this tax
Oc. suppliers will bear a burden of $98.75 from this tax
Od.consumers will bear the entire burden of this tax
O e. none of the above
Transcribed Image Text:QUESTION 13 13. This question corresponds with the demand and supply curves below for good X Demand: P-900-700 Supply: P = 100 Qs (P= Price, Qo Quantity demanded) (Qs Quantity supplied) If a $10 per unit tax is imposed on the suppliers of this market, then: O a suppliers will bear a burden of $8.75 from this tax Ob.consumers will bear a burden of $8.75 from this tax Oc. suppliers will bear a burden of $98.75 from this tax Od.consumers will bear the entire burden of this tax O e. none of the above
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