7 6 5 41 3 2 1 O 10 20 30 40 50 60 70 D₂ D₁ Quantity

Economics Today and Tomorrow, Student Edition
1st Edition
ISBN:9780078747663
Author:McGraw-Hill
Publisher:McGraw-Hill
Chapter5: Buying The Necessities
Section5.2: Cloting Choices
Problem 1R
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Based on the above graph, the total of the tax that sellers would pay is. (
Based on the above graph, the total of the tax that buyers would pay is ____.
Transcribed Image Text:Based on the above graph, the total of the tax that sellers would pay is. ( Based on the above graph, the total of the tax that buyers would pay is ____.
Price
$9
8 +
7
6 +
5
4
3
2
1
10 20
30
40
50
60
70
D₂
S
D₁
Quantity
Transcribed Image Text:Price $9 8 + 7 6 + 5 4 3 2 1 10 20 30 40 50 60 70 D₂ S D₁ Quantity
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