multiple choice 0.2 points use the following information to answer the next fifteen questions. the following…

multiple choice 0.2 points use the following information to answer the next fifteen questions. the following graph depicts a market where a tax has been imposed. pe was the equilibrium price before the tax was imposed, and qe was the equilibrium quantity. after the tax, pc is the price that consumers pay, and ps is the price that producers receive. qt units are sold after the tax is imposed. note: the areas b and c are rectangles that are divided by the supply curve st. include both sections of those rectangles when choosing your answers. which party is responsible for paying this tax out of pocket? consumers producers some consumers and no producers some consumers and some producers, but not all consumers and producers both consumers and producers

multiple choice 0.2 points use the following information to answer the next fifteen questions. the following graph depicts a market where a tax has been imposed. pe was the equilibrium price before the tax was imposed, and qe was the equilibrium quantity. after the tax, pc is the price that consumers pay, and ps is the price that producers receive. qt units are sold after the tax is imposed. note: the areas b and c are rectangles that are divided by the supply curve st. include both sections of those rectangles when choosing your answers. which party is responsible for paying this tax out of pocket? consumers producers some consumers and no producers some consumers and some producers, but not all consumers and producers both consumers and producers

Answer

Brief Explanations:

In a market with a tax, the burden of the tax is shared between consumers and producers based on the elasticities of demand and supply. The price consumers pay ($P_c$) is higher than the equilibrium price before - tax ($P_e$), and the price producers receive ($P_s$) is lower than $P_e$. The difference between $P_c$ and $P_s$ is the tax per unit. Both consumers and producers contribute to paying the tax out - of - pocket as consumers pay a higher price and producers receive a lower price.

Answer:

both consumers and producers