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MindTap - Cengage Learning X Homework Help - Q&A from On x + V X -> C A ng.cengage.com/staticb/ui/evo/index.html?eISBN=9780357133606&id=1834966655&snapshotld=3545333& G ABP 53 Marvin v CENGAGE

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MindTap - Cengage Learning X Homework Help - Q&A from On x + V X -> C A ng.cengage.com/staticb/ui/evo/index.html?eISBN=9780357133606&id=1834966655&snapshotld=3545333& G ABP 53 Marvin v CENGAGE |MINDTAP Q Search this course ? My Home Homework (Ch 06) X 6. Who should pay the tax? Courses Catalog and Study Tools The following graph gives the labor market for laboratory aides in the imaginary country of Sophos. The equilibrium hourly wage is $10, and the equilibrium number of laboratory aides is 150. Rental Options A-Z Suppose the federal government of Sophos has decided to institute an hourly payroll tax of $4 on laboratory aides and wants to determine whether College Success Tips the tax should be levied on the workers, the employers, or both (in such a way that half the tax is collected from each party). Career Success Tips Use the graph input tool to evaluate these three proposals. Entering a number into the Tax Levied on Employers field (initially set at zero dollars per ? Help hour) shifts the demand curve down by the amount you enter, and entering a number into the Tax Levied on Workers field (initially set at zero dollars per hour) shifts the supply curve up by the amount you enter. To determine the before-tax wage for each tax proposal, adjust the amount in the Give Feedback Wage field until the quantity of labor supplied equals the quantity of labor demanded. You will not be graded on any changes you make to this graph. Note: Once you enter a value in a white field, the graph and any corresponding amounts in each grey field will change accordingly. bongo Graph Input Tool (? ) Market for Laboratory Aides Wage Supply (Dollars per hour) Labor Demanded 186 Labor Supplied (Number of workers) (Number of workers) 114 Demand Shifter Supply Shifter WAGE (Dollars per hour) Tax Levied on O Employers 0 Tax Levied on Demand Workers (Dollars per hour) Dollars per hour) N Type here to search a 48 p 9 N A= O 64 F 10 61) 11:31 PM 10/5/2023MindTap - Cengage Learning X Homework Help - Q&A from On x + V X -> C A ng.cengage.com/staticb/ui/evo/index.html?eISBN=9780357133606&id=1834966655&snapshotld=3545333& G ABP 53 Marvin v CENGAGE |MINDTAP Q Search this course ? My Home Homework (Ch 06) X Courses Catalog and Study Tools A-Z Rental Options College Success Tips For each of the proposals, use the previous graph to determine the new number of laboratory aides hired. Then compute the after-tax amount paid by employers (that is, the wage paid to workers plus any taxes collected from the employers) and the after-tax amount earned by laboratory aides Career Success Tips (that is, the wage received by workers minus any taxes collected from the workers). ? Help After-Tax Wage Paid by After-Tax Wage Received by Tax Proposal Quantity Hired Employers Workers Give Feedback Levied on Levied on (Number of (Dollars per hour) (Dollars per hour) Employers Workers workers) (Dollars per hour) (Dollars per bongo hour) 0 A NOA Suppose the government doesn't want to discourage employers from hiring laboratory aides and, therefore, wants to minimize the share of the tax paid by the employers. Of the three tax proposals, which is best for accomplishing this goal? A+ The proposal in which the entire tax is collected from workers O The proposal in which the tax is collected from each side evenly The proposal in which the tax is collected from employers O None of the proposals is better than the others Type here to search a 48 P 64 F 1 0 761) 11:31 PM 10/5/2023MindTap - Cengage Learning X + V X -> C A ng.cengage.com/staticb/ui/evo/index.html?eISBN=9780357133606&id=1834966655&snapshotld=3545333& G ABP Marvin v K

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