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The diagram below gives information about demand and supply for widgets in Econland. The four questions ask you to determine the impact of a tax

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The diagram below gives information about demand and supply for widgets in Econland. The four questions ask you to determine the impact of a tax of $2 in Econland. The first of the four question is this: The equilibrium consumer price PD under the $2 tax is O-NWACONOCO 0 1 2 3 4 5 6 7 8 9 10 Quantity 07 0 5 0 8 0 6 0 9

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