The amount of a good supplied is independent of the price.If a sales tax is imposed on the good, then the price paid by consumers will not change at all.

Name: The amount of a good supplied is independent of the price.If a sales tax is imposed on the good, then the price paid by consumers will not change at all.
Brand: Quizplus
Rating: 4.7 (31 reviews)

Question

Quizplus · Accepted Answer

The sales tax is added to the price of the good, so the price paid by consumers will increase by the amount of the tax.

The Amount of a Good Supplied Is Independent of the Price.If