Top Posters
Since Sunday
r
4
L
4
3
d
3
M
3
l
3
V
3
s
3
d
3
a
3
g
3
j
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
thenamehobbs thenamehobbs
wrote...
Go to Answer
Posts: 157
Rep: 0 0
A year ago
Tax Burden and Tax Fairness

The graph shows the demand (D) and supply (S) in the market for sugar, where P represents the price for a pound of sugar and Q represents thousands of pounds sold.
 
Assume that P1=$2.75, P2=$3.05, P3=$5.00, Q1=15, and Q2=46. Suppose the government decides to levy a tax on sugar that shifts the supply curve to Stax. What is the per-unit tax? What is the tax incidence for consumers? For producers?

▸ $2.25, $0.30, $1.95

▸ $5.00, $5.00, $2.75

▸ $5.00, $2.75, $5.00

▸ $2.25, $1.95, $0.30
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
Read 48 times
1 Reply
Replies
Answer verified by a subject expert
melryandionmelryandion
wrote...
#1
Donated
Posts: 146
Rep: 1 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
This verified answer contains over 170 words.
1

Related Topics

thenamehobbs Author
wrote...

A year ago
This helped my grade so much Perfect
Marcie D
wrote...

Yesterday
Smart ... Thanks!
aricketts6@
wrote...

2 hours ago
Correct Slight Smile TY
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1585 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 129
  
 377
  
 187
Your Opinion
How often do you eat-out per week?
Votes: 81
Previous poll results: Does a gender wage gap exist in America?