A tax on sellers shifts the supply curve but not the demand curve.

Name: A tax on sellers shifts the supply curve but not the demand curve.
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Question

Quizplus · Accepted Answer

A tax on sellers increases the cost of producing or selling a good, which typically results in a leftward shift of the supply curve, indicating a decrease in supply at any given price. This does not directly affect the demand curve, which represents consumers' willingness and ability to purchase goods at various prices.

A Tax on Sellers Shifts the Supply Curve but Not