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  3. Study Set
    Principles of Microeconomics
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    Exam 8: Application: the Costs of Taxation
  5. Question
    Which Outcome Will Occur as a Result of a Tax,whether
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Which Outcome Will Occur as a Result of a Tax,whether

Question 27

Question 27

Multiple Choice

Which outcome will occur as a result of a tax,whether the tax is placed on the buyer or the seller


A) size of the market is reduced
B) price the seller receives is higher
C) supply curve will shift upward
D) demand curve will shift upward

Correct Answer:

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