The Graph Shown Demonstrates a Tax on Sellers

question 93

Multiple Choice

The graph shown demonstrates a tax on sellers. The post-tax price paid by buyers is _______ than that received by sellers, and the difference is the _______. Leading is incorrect on this QS.

• A)greater; tax wedge
• B)less; total tax revenue
• C)greater; total tax revenue
• D)less; tax wedge

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Definitions:

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