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What price would consumers pay if the tax was placed on consumers instead of producers? 1) $2.00 O 2) $3.50 3) $2.50 4) $1.50Price (dollars
What price would consumers pay if the tax was placed on consumers instead of producers? 1) $2.00 O 2) $3.50 3) $2.50 4) $1.50Price (dollars per gallon) S2 S1 $5.50 3.50 2.50 Tax Graph D 0 30 40 45 Quantity (millions of gallons per month)
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