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  3. Study Set
    Principles of Economics Study Set 8
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    Exam 8: Applications: The Costs of Taxation
  5. Question
    Taxes Affect Market Participants by Increasing the Price Paid by the Buyer
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Taxes Affect Market Participants by Increasing the Price Paid by the Buyer

Question 117

Question 117

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Taxes affect market participants by increasing the price paid by the buyer and decreasing the price received by the seller.

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