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-Refer to the Above Figure

question 94

Multiple Choice

  -Refer to the above figure. An excise tax of $0.50 was imposed on this good. From the figure we can see that the A)  producer will bear most of the tax. B)  consumer will bear most of the tax. C)  consumer and producer will share the tax. D)  amount of the tax collected is less than $0.50.
-Refer to the above figure. An excise tax of $0.50 was imposed on this good. From the figure we can see that the


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