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What Effect Does a Tax Levied on the Buyers of a Product

Question 159

Multiple Choice

What effect does a tax levied on the buyers of a product have


A) It shifts the supply curve upward (or to the left) .
B) It shifts the supply curve downward (or to the right) .
C) It shifts the demand curve downward (or to the left) .
D) It shifts the demand curve upward (or to the right) .

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