The supply curve in a market is given by $P = 3 + 2 Q$ ; demand is given by $P = 11 -$ $2 Q$ . Suppose a per-unit tax of $£1$ is levied on the sellers. The price consumers pay will and the consumer surplus will Select one: a. Increase by 1 ; decrease b. Decrease by more than 1 ; Increase c. Decrease by 1 ; remain unchanged d. Increase by less than 1; Decrease

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The supply curve in a market is given by

P = 3 + 2 Q

; demand is given by

P = 11 -

2 Q

. Suppose a per-unit tax of

£1

is levied on the sellers. The price consumers pay will and the consumer surplus will Select one: a. Increase by 1 ; decrease b. Decrease by more than 1 ; Increase c. Decrease by 1 ; remain unchanged d. Increase by less than 1; Decrease

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