Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Transcribed Image Text:The graph illustrates the market for internet service.
The government has imposed a per-unit tax on Internet services.
The red curve shows the supply curve when the tax is added.
What is the amount of the per-unit tax? $
The buyer pays of the per-unit tax and the seller pays $of the per-unit tax
How much tax revenue does the government collect per month? $
CEID
105.00
90.00
75.00
00.00
45.00 43.50
30.00
21.00
30.00
15.00
Price (dollars per month)
0.00
14 20
20
o du
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