The Graph Shown Demonstrates a Tax on Sellers

question 9

Multiple Choice

The graph shown demonstrates a tax on sellers. How many fewer units are being sold due to the imposition of a tax on this market?

• A) 15
• B) 16
• C) 31
• D) 37

---

Definitions:

Merchandise Sold

Products that have been sold by a company, typically referring to goods rather than services.

Sales On Account

Transactions where goods or services are sold and delivered, but payment is agreed to be made at a later date.

Internal Controls

Processes and procedures implemented by a business to safeguard its assets, enhance the reliability of its accounting records, ensure compliance with laws, and promote efficient operations.

Accounting System

A structured process of recording, summarizing, and analyzing an organization's financial transactions.