The graph shows the demand curve for coal. The government imposes a tax on coal and the buyer pays the entire tax. Draw the supply curve of coal. Label it S. Draw a second supply curve that shows the effect of the tax. Label it S + tax.

Principles of Macroeconomics (MindTap Course List)
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Author:N. Gregory Mankiw
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Chapter7: Consumers, Producers, And The Efficiency Of Markets
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Help please Graph plz 3 5
K
%
5
The graph shows the demand curve for coal.
The government imposes a tax on coal and the buyer pays the entire
tax.
g
Draw the supply curve of coal. Label it S.
Draw a second supply curve that shows the effect of the tax. Label it S +
tax.
t
The more
the supply of coal,
ⒸA. elastic; the larger is the amount of the tax paid by the buyer
O B. elastic; the more equally is the split of the tax between the
buyer and the seller
OC. inelastic; the larger is the amount of the tax paid by the buyer
OD. elastic; the larger is the amount of the tax paid by the seller
6
Oll
y
(...)
h
Selected:
none
&
7
U
O
Ĵ
*
8
k
61
9
60-
O
50-
40-
30-
20-
10-
0
Price (dollars per ton)
20
40 60
80
100
Quantity (thousands of tons per year)
>>> Draw only the objects specified in the question.
Delete Clear ?
4
)
0
р
D
➜
120
18
Next
Q
Q
US
10
Transcribed Image Text:K % 5 The graph shows the demand curve for coal. The government imposes a tax on coal and the buyer pays the entire tax. g Draw the supply curve of coal. Label it S. Draw a second supply curve that shows the effect of the tax. Label it S + tax. t The more the supply of coal, ⒸA. elastic; the larger is the amount of the tax paid by the buyer O B. elastic; the more equally is the split of the tax between the buyer and the seller OC. inelastic; the larger is the amount of the tax paid by the buyer OD. elastic; the larger is the amount of the tax paid by the seller 6 Oll y (...) h Selected: none & 7 U O Ĵ * 8 k 61 9 60- O 50- 40- 30- 20- 10- 0 Price (dollars per ton) 20 40 60 80 100 Quantity (thousands of tons per year) >>> Draw only the objects specified in the question. Delete Clear ? 4 ) 0 р D ➜ 120 18 Next Q Q US 10
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