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A $155 Tax Levied on the Buyers of Milkshakes Will Shift

Question 297

Multiple Choice

A $1.55 tax levied on the buyers of milkshakes will shift the demand curve


A) upward by exactly $1.55.
B) upward by less than $1.55.
C) downward by exactly $1.55.
D) downward by less than $1.55.

Correct Answer:

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