nce 16 Suppose the government imposed a per unit tax of S6 on buyers. 14 12 Work out the following. 10 Answer Equilibrium Quantity after tax Price paid by buyers after tax (P») Price received by sellers after tax (P,) Tax Revenue collected by government The burden of tax on buyers 20 10 4. 4. 120 10 20 30 40 50 60 70 80 (anny The burden of tax on Sellers

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Q: Question 3

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