Figure 6-16 -Refer to Figure 6-16.Suppose a Tax of $5 Per Unit

question 445

Multiple Choice

Figure 6-16

-Refer to Figure 6-16.Suppose a tax of $5 per unit is imposed on this market.How much will buyers pay per unit after the tax is imposed?

• A) $5
• B) between $5 and $10
• C) between $10 and $14
• D) $14