(Figure: Supply Tax in the accompanying pizza market, with a $2 tax imposed on the sellers, how much of the tax is paid

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Figure Supply Tax In The Accompanying Pizza Market With A 2 Tax Imposed On The Sellers How Much Of The Tax Is Paid 1 (11.9 KiB) Viewed 45 times

(Figure: Supply Tax in the accompanying pizza market, with a $2 tax imposed on the sellers, how much of the tax is paid by the buyers and how much of the tax burden is borne by the sellers? Price Supply + $2 tax $12 Supply 11,50 10 9.50 40 50 Quantity OA Buyers pay $1.50 and sellers pay 50 50 of the tax OB Buyers pay all of the $2 tax OC Sellers pay $1.50 and buyers pay $0.50 of the tax OD Sellers pay all of the $2 tax. Demand