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11. Continue the problem begun in question 10 (in which the government imposes a tax on the buyers of this product of $12 per unit). In the short run, the fraction of the tax that falls on sellers will be equal to: (A) 0 (B) 1/12 (C) 1/6 (D) 1/4 (E) 1/3 (F) 1/2 (G) 5/8 (H) 5/6 (I) 1/1 (J) none of the above

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Sixta Kovacek
Sixta KovacekLv2
1 Jul 2018
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