(Solved): Answer 3: 4 Question 7 \( 0 / 0.67 \mathrm{pts} \) Suppose a \( \$ 10 \) tax is placed on a good. T ...

Answer 3: 4 Question 7 \( 0 / 0.67 \mathrm{pts} \) Suppose a \( \$ 10 \) tax is placed on a good. The more inelastic the supply of the good, the smaller the increase in the after-tax price. more of the tax will be paid by the buyers. larger the decrease in the quantity sold. more of the tax will be paid by the sellers.