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Article Link: https://bit.ly/3fbNtrF (Links to an external site.) The following graph provides a stylised representation of the effects of the policy proposed by the government
Article Link: https://bit.ly/3fbNtrF (Links to an external site.)
The following graph provides a stylised representation of the effects of the policy proposed by the government to correct for the externality (in the graph, S2 is the supply curve after the policy is implemented).
Micro NA Q7.png
Does the article provide sufficient information to conclude precisely how the burden of the policy would actually be split between buyers and sellers if the policy were implemented?
a. yes
b. no
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