When a tax is levied on the buyers of a good,the
A)supply curve shifts upward by the amount of the tax.
B)quantity supplied increases for all conceivable prices of the good.
C)buyers of the good will send tax payments to the government.
D)demand curve shifts to the right by the horizontal distance of the tax.

Question

Quizplus · Accepted Answer

When a tax is levied on buyers, they are responsible for paying the tax to the government, which effectively increases the price they pay for the good.

When a Tax Is Levied on the Buyers of a Good,the