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Figure 8-6 The vertical distance between points A and B represents a tax in the market Price 22 20- 18- 16 14 12 10

Figure 8-6 The vertical distance between points A and B represents a tax in the market Price 22 20- 18- 16 14 12 10 8- 6 2 Supply Demand 100 200 300 400 500 600 700 800 900 1000 Quantity Refer to Figure 8-6. When the tax is imposed in this market, the price buyers effectively pay is a. $10. Ob. $6. c. $16. d. $4.

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