The table shows the demand and supply schedules for a good before and after the imposition of a tax. What was the amount of the tax?

A.
\(\$ 1\)
B.
\(\$ 2\)
C.
\(\$ 3\)
D.
\(\$ 4\)
Economics
IGCSE&ALevel
CAIE
Exam No:9708_s15_qp_13 Year:2015 Question No:9

Answer:

C

Knowledge points:

2.4.2 effects of shifts in demand and supply curves on equilibrium price and quantity

Solution:

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