Multiple Choice
Use the following to answer questions:
Figure: The Market for Yachts
-(Figure: The Market for Yachts) Look at the figure The Market for Yachts. If the government imposes a $30,000 tax on yachts and collects it from the yacht suppliers, the _____ curve will shift _____ by _____.
A) demand; downward; $15,000
B) supply; upward; $15,000
C) supply; upward; $30,000
D) demand; downward; $30,000
Correct Answer:

Verified
Correct Answer:
Verified
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