Figure 6-18 the Vertical Distance Between Points a and B Represents the Represents

question 186

Multiple Choice

Figure 6-18
The vertical distance between points A and B represents the tax in the market.
-Refer to Figure 6-18.The per-unit burden of the tax on buyers is

• A)$6.
• B)$8.
• C)$14.
• D)$24.

---

Definitions:

Qualified Person

An individual who possesses the necessary education, experience, and credentials to perform a specific job or task.

Privity of Contract

A legal concept stating that only the parties to a contract have the right to sue each other to enforce the terms of that contract.

Supreme Court Decision

A ruling issued by the Supreme Court, which is the highest court in many countries, setting a legal precedent.

Trust

A provision in equity whereby one person transfers property to a second person obligated to use it to the benefit of a third person.