Answer:
A consumer pays $5 more per camera.
Step-by-step explanation:
Let the cost of manufacture of disposable camera in dollars be [tex]=x[/tex]
Government taxes imposed on camera = $1.00 per camera
Cost of camera after taxes in dollars [tex]=x+1[/tex]
Wholesale prices raised by manufacturer = $2.00 per camera
Wholesale price of camera in dollars per camera [tex]=x+1+2=x+3[/tex]
Retail prices raised raised by retailer = $2.00 per camera
Retail price of camera in dollars per camera [tex]=x+3+2=x+5[/tex]
Difference in prices of manufacture and retail price per camera in dollars
⇒ [tex]x+5-x[/tex]
⇒ [tex]5[/tex]
Thus, a consumer pays $5 more per camera.
