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Suppose That the Government Imposes a Sales Tax That Causes

Question 154

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Suppose that the government imposes a sales tax that causes the equilibrium price to go up. Draw a graph showing the original supply curve, the new supply curve, and the demand curve. Use this graph to show:
Suppose that the government imposes a sales tax that causes the equilibrium price to go up. Draw a graph showing the original supply curve, the new supply curve, and the demand curve. Use this graph to show:

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