Which kind of tax is most likely demonstrated by the graph shown?

Name: Which kind of tax is most likely demonstrated by the graph shown?
Brand: Quizplus
Rating: 4.7 (39 reviews)

Question

Quizplus · Accepted Answer

The graph shows a shift in the demand curve to the left, indicating a decrease in quantity demanded due to an increase in price. This type of shift is consistent with a tax on buyers, as it increases the price paid by consumers.

Which Kind of Tax Is Most Likely Demonstrated by the Graph