Suppose the demand for a product is given by P=100-2Q. Also, the supply is given by P= 200+6Q.

Suppose the demand for a product is given by P=100-2Q. Also, the supply is given by P= 200+6Q. If a per unit excise tax is levied on the buyers of a good, then after the tax the sellers will receive ___ for the good. 

A) None of these

B)74

C)9

D)80

E)82

Suppose the demand for a product is given by P=30-3Q. Also, the supply is given by P= 10+Q. If a per unit excise tax is levied on the buyers of a good, what proportion of the tax is paid by the buyers?

A) 40%

B) None of these

C) 20%

D) 0%

E) 25%

Exercise 1if the excise tax is levied on the buyers it will move the demand curve to the left to P= (100­8) ­2QSo we have 92­2Q= 20+6Q8Q= 72Q=9 new equilibrium quantity.So at Q=9 Seller...