A tax levied on the buyers of a good shifts the

Name: A tax levied on the buyers of a good shifts the
Brand: Quizplus
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Question

Quizplus · Accepted Answer

A tax levied on the buyers of a good effectively increases the price they have to pay, which decreases their willingness or ability to purchase the good at each price level. This is represented by a shift of the demand curve downward (or to the left) because at every price, the quantity demanded decreases.

A Tax Levied on the Buyers of a Good Shifts