When a tax is placed on the buyers of snowboards,what is the result
A)The size of the snowboards market is reduced.
B)The price of snowboards decreases.
C)The supply of snowboards decreases.
D)The price of snowboards increases, and the equilibrium quantity of snowboards is unchanged.

Question

Quizplus · Accepted Answer

When a tax is placed on buyers, it effectively increases the price they pay, leading to a decrease in demand, which reduces the size of the market.

When a Tax Is Placed on the Buyers of Snowboards,what