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Question 9 ( 5 points ) Saved Justin spends all of his income of $ 1 0 0 consuming pizza slices ( orice of slice

Question 9(5 points)
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Justin spends all of his income of $100 consuming pizza slices (orice of slice $5 dollars) and beers (price of beers: $2). He maximizes his utility by consuming 12 slices of pizza. How many beers does he consume?
Question 10(5 points)
If the legal burden of a tax is passed from sellers to buyers.
a) the price paid by buyers will rise
b) deadweight loss is unchanged
c) the price paid by sellers will fall
d) the equilibrium quantioy falls.
Question 10(5 points)
If the legal burden of a tax is passed from sellers to buyers.
a) the price paid by buyers will rise
b) deadweight loss is unchanged
c) the price paid by sellers will fall
d) the equilibrium quantioy falls.

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