a. After the tax is imposed, what is the price paid by the villagers? What is the price received by Sheryl?

b. How much revenue does the government collect?

c. What fraction of the tax does Sheryl pay? What fraction is paid by the villagers?

0

a. After the tax is imposed, what is the price paid by the villagers? What is the price received by Sheryl?

b. How much revenue does the government collect?

c. What fraction of the tax does Sheryl pay? What fraction is paid by the villagers?

0

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