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Unit 3B Quiz 1

Unit 3B Quiz 1

Q Question 1 1 / 1 pts When a tax is levied on sellers of tea, IncorrectQuestion 2 0 / 1 pts Figure 6-18 Refer to Figure 6-18. The amount of the tax per unit is IncorrectQuestion 3 0 / 1 pts Suppose there is currently a tax of $50 per ticket on airline tickets. Sellers of airline tickets are required to pay the tax to the government. If the tax is reduced from $50 per ticket to $30 per ticket, then the Question 4 1 / 1 pts Figure 6-18 Refer to Figure 6-18. Sellers pay how much of the tax per unit? Question 5 1 / 1 pts If the government levies a $5 tax per ticket on buyers of NFL game tickets, then the price paid by buyers of NFL game tickets would

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1 both sellers and buyers of tea are made worse off. 2 $1. 3 supply curve will shift downward by $20, and the price paid by buyers will decrease by $20.