A tax placed on buyers of tuxedoes shifts the
A) demand curve for tuxedoes downward,decreasing the price received by sellers of tuxedoes and causing the quantity of tuxedoes to increase.
B) demand curve for tuxedoes downward,decreasing the price received by sellers of tuxedoes and causing the quantity of tuxedoes to decrease.
C) supply curve for tuxedoes upward,decreasing the effective price paid by buyers of tuxedoes and causing the quantity of tuxedoes to increase.
D) supply curve for tuxedoes upward,increasing the effective price paid by buyers of tuxedoes and causing the quantity of tuxedoes to decrease.
Correct Answer:
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Q15: The government's benefit from a tax can
Q16: If a tax shifts the supply curve
Q19: If a tax shifts the demand curve
Q21: When a tax is levied on a
Q22: For the purpose of analyzing the gains
Q23: A tax placed on a good
A)causes the
Q24: The benefit to buyers of participating in
Q25: When a tax is levied on buyers,the
A)supply
Q121: A tax affects
A)buyers only.
B)sellers only.
C)buyers and sellers
Q133: When a tax is imposed on a
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