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    Principles of Microeconomics
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    Exam 8: Application: The Costs of Taxation.
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    A $350 Tax Per Gallon of Paint Placed on the Sellers
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A $350 Tax Per Gallon of Paint Placed on the Sellers

Question 117

Question 117

Multiple Choice

A $3.50 tax per gallon of paint placed on the sellers of paint will shift the supply curve


A) downward by exactly $3.50.
B) downward by less than $3.50.
C) upward by exactly $3.50.
D) upward by less than $3.50.

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