Question
43. Refer to Figure 5 showing the market for frisbees before and after a tax is imposed. The tax on each frisbee is A) $0.40.
43. Refer to Figure 5 showing the market for frisbees before and after a tax is imposed. The tax on each frisbee is A) $0.40. B) $0.60. C) $1.00.D) $5.60.E) $6.60. 44. Refer to Figure 5 showing the market for frisbees before and after a tax is imposed. On each frisbee, the sellers' share of the tax is A) $0.40. B) $0.60. C) $1.00.D) $5.60.E) $6.60. 45. Refer to Figure 5 showing the market for frisbees before and after a tax is imposed. On each frisbee, the buyers' share of the tax is A) $0.40. B) $0.60. C) $1.00.D) $5.60. E) $6.60. 46. Refer to Figure 5 showing the market for frisbees before and after a tax is imposed.Government revenue from the tax is A) $4,000. B) $5,000. C) $22,400. D) $26,400. E) $30,000.
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