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Business, 12.03.2020 03:16 Redeyestudio53

Suppose that the U. S. government decides to charge beer producers a tax. Before the tax, 45 billion cases of beer were sold every year at a price of $5 per case. After the tax, 38 billion cases of beer are sold every year; consumers pay $6 per case, and producers receive $3 per case (after paying the tax). The amount of the tax on a case of beer is $ per case. Of this amount, the burden that falls on consumers is $ per case, and the burden that falls on producers is $ per case. True or False: The effect of the tax on the quantity sold would have been smaller if the tax has been levied on consumers

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Suppose that the U. S. government decides to charge beer producers a tax. Before the tax, 45 billion...

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