Title: Exhibit 20-2Refer to Exhibit 20-2. The market for good X is initially in equilibrium at $5. The ...
Post by: Ryan37sport on Sep 27, 2023
Exhibit 20-2
Refer to Exhibit 20-2. The market for good X is initially in equilibrium at $5. The government then places a per-unit tax on good X, as shown by the shift of S1 to S2. Approximately what percentage of the tax do consumers end up paying?
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63 percent
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45 percent
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70 percent
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55 percent
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25 percent
Title: Re: Exhibit 20-2Refer to Exhibit 20-2. The market for good X is initially in equilibrium at $5. The ...
Post by: BlondieX on Sep 27, 2023
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