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Of the $ . 6 0 tax that is levied, assuming that the money to the government comes either from the buyer paying more or
Of the $ tax that is levied, assuming that the money to the government comes either from the buyer paying more or the seller keeping less profit, based on the diagram above including a revised Supply Curve reflecting the tax and the existing Demand Curve, how much of the tax burden falls to the Seller or PUT ANOTHER WAY, how much of the tax per gallon does the Gas Station owner have to pay? Note: Assume that the Los Angeles City Government is going to get the tax of $ allon no matter what
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