in-a-market-with-a-6-tax-if-the-price-to-consumers-increases-by-3-and-the-price-

Question

In a market with a $6 tax, if the price to consumers increases by $3 and the price to suppliers decreases by $3, how is the tax burden shared?

Accepted Answer

Equally between consumers and suppliers.

Answer

Entirely by consumers.

Answer

Mostly by consumers.

Answer

Entirely by suppliers.

In a market with a \$6 tax, if the price to consumers increases by \$3 and the price to suppliers decreases by \$3, how is the tax burden shared?