Demand and supply curve is shown with demand curve relatively inelastic than supply. Both are in equilbrium at P=16 and quantity=100. There is also a tax wedge created to the left of the equilibrium at quantity =70 which is touching the demand curve at P=$24 and supply curve at P=$10. Before tax equilibrium price was $16.

What is the price sellers receive after the tax is imposed?

	a.	$8
	b.	$10
	c.	$16
	d.	$24