Question: refer to q10q12 when answering this questionsuppose the government decided...
Refer to Q10-Q12 when answering this question.
Suppose the government decided to levy a per-unit tax on the sale of burritos equal to the same dollar amount as described in Q10-Q12. However, rather than levying the tax on only one side of the market (as was true in Q10-Q12), suppose that the government instead decides to split the collection of this tax equally between buyers and sellers (that is, buyers and sellers will each pay 50% of the per-unit tax described in Q10-Q12 to the government). Which of the following statements would be true:
A) The price that sellers effectively receive for each burrito sold will be higher than it was in Q10-Q12
B) The price that buyers effectively pay for each burrito will be lower than it was in Q10-Q12
C) Buyers and sellers will have the same tax burden since they pay an equal share of the tax to the government
D) The equilibrium quantity after the tax is levied will be the same as it was in Q10-Q12 after the tax was levied