Answer Happy

The table below shows the quantities of wine demanded and supplied at different prices with no tax. Suppose a tax of $6 per bottle is collected from sellers of wine. Price ($/bottle) Quantity (million bottles) Demanded Supplied 12 14 8 16 10 10 20 6 12
In the scenario above, the buyers' share of the tax is $ Type your answer here per bottle. Type your answer here per bottle and the sellers' share is $
Question 9 Homework Unanswered In the presence of external costs, unregulated markets are. and taxing the products_ Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. a efficient; further increases b efficient; does not affect с efficient; reduces d inefficient; further reduces inefficient; increases e market efficiency. O
Which of the following are examples of external costs? (Check all that apply.) Multiple answers: Multiple answers are accepted for this question Select one or more answers and submit. For keyboard navigation... SHOW MORE a An electric power plant burns coal emitting carbon dioxide which causes global warming. b The cost of gas paid by motor vehicle drivers. C The costs of parts purchased by a U.S. auto producer from Mexico. d A factory that produces chemicals pollutes a river killing fish.