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A Tax Imposed on the Sellers of a Good

Question 69

Multiple Choice

A tax imposed on the sellers of a good


A) raises both the price buyers pay and the net price received by sellers.
B) raises the price buyers pay and lowers the net price received by sellers.
C) lowers the price buyers pay and raises the net price received by sellers.
D) lowers both the price buyers pay and the price received by sellers.

Correct Answer:

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