Using the graph shown,answer the following questions.
a.What was the equilibrium price in this market before the tax?
b.What is the amount of the tax?
c.How much of the tax will the buyers pay?
d.How much of the tax will the sellers pay?
e.How much will the buyer pay for the product after the tax is imposed?
f.How much will the seller receive after the tax is imposed?
g.As a result of the tax,what has happened to the level of market activity?
Definitions:
Females
The sex of an organism, or part of an organism, which produces non-motile ova (egg cells) necessary for reproduction.
Social Anxiety
The fear of social situations that involve interaction with other people, often driven by worries about being judged or embarrassed.
Subjective Experience
Refers to one's personal perception or feeling about an event or situation, highly influenced by individual emotions, cognition, and context.
Stigma
Group attributes that mediate a negative social evaluation of people belonging to the group.
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