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The Government Proposes a Tax on Halogen Light Bulbs

Question 170

Multiple Choice

The government proposes a tax on halogen light bulbs.Sellers will bear the entire burden of the tax if the


A) supply curve of halogen bulbs is horizontal.
B) demand curve for halogen bulbs is vertical.
C) demand curve for halogen bulbs is horizontal.
D) demand curve is downward sloping and the supply curve is upward sloping.

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