Solved

If Buyers Are Required to Pay a Tax on Top

Question 37

Multiple Choice

If buyers are required to pay a tax on top of the price, buyers'willingness to pay will:


A) decrease and the demand curve will shift down.(True Answer ) Correct
B) decrease and the demand curve will shift up.
C) increase and the demand curve will shift down.
D) increase and the demand curve will shift up.

Correct Answer:

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