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How much is the tax? A . $ 1 per unit B . $ 2 per unit C . $ 3 per unit D .

How much is the tax?
A. $1 per unit
B. $2 per unit
C. $3 per unit
D. $6 per unit
Before the tax, the "price on the price tag" was $6. After the tax, the price on the price tag is
(As we did in class, assume the price on the price tag does not include tax. This is
similar to how prices shown at Target are pre-tax prices)
A. $4
B. $6
C. $8
D. $9
On a per-unit basis, how is the economic burden shared between the buyer and the seller?
A. Buyer pays $0, seller pays $3
B. Buyer pays $1, seller pays $2
C. Buyer pays $2, seller pays $1
D. Buyer pays $3, seller pays $0
How much revenue is raised by the tax?
A. $8
B. $12
C. $16
D. $36
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