Figure 8-6 -Refer to Figure 8-6.As a Result of the Tax

question 109

Multiple Choice

Figure 8-6

-Refer to Figure 8-6.As a result of the tax,

• A)buyers effectively pay $16 for each unit of the good and sellers effectively receive $12 for each unit of the good.
• B)buyers effectively pay $16 for each unit of the good and sellers effectively receive $8 for each unit of the good.
• C)buyers effectively pay $12 for each unit of the good and sellers effectively receive $8 for each unit of the good.
• D)buyers effectively pay $14 for each unit of the good and sellers effectively receive $10 for each unit of the good.

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Definitions:

Differentia

The characteristic that distinguishes a species or a member of a species from all others of the same genus or category.

Genus

A principal taxonomic category that ranks above species and below family, and is used in the classification of living and fossil organisms.

Respiratory Tract

The parts of the body involved in breathing, including the nose, throat, and lungs.

Terrestrial Vertebrate

An animal with a backbone that lives on land as opposed to living in water or air.