Price (dollars per bushel) 6 5 4 3- 2 4 5 Quantity (millions of bushels per year) 2 3 6 At harvest time the supply of wheat is perfectly inelastic. If the government taxes wheat at $1 a bushel, then A) the buyer pays the entire tax. B) the seller and the buyer split the tax evenly. C) the seller and the buyer split the tax but the seller pays more. D) the seller pays the entire tax.

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Q: what is the effective monthly interest

A: To find : Effective monthly interest. 

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A:

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A: Dear student as you have posted multiple questions but according to our policies and guidelines we c...