The Graph Shown Demonstrates a Tax on Sellers

question 47

Multiple Choice

The graph shown demonstrates a tax on sellers. Who bears the greater tax incidence?

• A) The sellers
• B) The buyers
• C) The government
• D) The incidence is equally shared between buyer and seller.

---

Definitions:

Vogue

Vogue refers to the prevailing fashion, style, or trend within the general public, often used to describe the current popularity of certain designs, behaviors, or cultural phenomena.

Direct Marketing

A form of advertising where companies communicate directly to customers through various media, including mail, email, texts, and flyers, without intermediaries.

Win-Win Situation

A scenario in which all parties involved gain benefits or advantageous outcomes.

Communications Effort

The collective activities undertaken by an organization to promote, inform, or engage with its audience across various channels.