A-LevelEconomicsThe price system and the microeconomy9708/12 · Oct/Nov 2017 · Q151 Mark
The diagram shows the demand and supply curves of a commodity before and after a specific tax is removed. [Figure showing two supply curves S and one demand curve D, with various intersection points] What is the tax per unit of output and what is the price after the removal of the tax? [Table mapping tax per unit and price after the removal of the tax for options A, B, C, D]
This question uses a diagram from the original paper, which isn't shown here. Open the full paper from the past papers archive to see it.
A6 6
B6 8
C4 6
D4 8
✓ Correct answer
A: 6 6
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