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The given table illustrates the market for Internet service. What is the market price of Internet service? If the government taxes Internet service $15 a

The given table illustrates the market for Internet service. What is the market price of Internet service? If the government taxes Internet service $15 a month, what is the price the buyer pays? What is the price the seller receives? Does the buyer or the seller pay more of the tax?

Price………Quantity/demanded ………Quantity/supplied

0………….……….……..30……………………………….0

10………..………………25…..….………………………10

20………………………..20…….………………………..20

30………………………..15……………………………...30

40………………………..10……………………………...40

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