Suppose the government imposes a $10 excise tax on the sale of sweaters by charging suppliers $10 for each sweater sold.Using economic analysis, we would predict that:
A.the price of sweaters will increase by $10.
B.consumers of sweaters will bear the entire burden of the tax.
C.the price of sweaters will increase but by less than $10.
D.the price of sweaters will decrease by $10.

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The Answer of Suppose the government imposes a $10 excise tax on the sale of sweaters by charging suppliers $10 for each sweater sold.Using economic analysis, we would predict that:
A.the price of sweaters will increase by $10.
B.consumers of sweaters will bear the entire burden of the tax.
C.the price of sweaters will increase but by less than $10.
D.the price of sweaters will decrease by $10.

Suppose the Government Imposes a $10 Excise Tax on the Sale