Figure: The Market for Yachts
(Figure: The Market for Yachts) Look at the figure The Market for Yachts.If the government imposes a $60,000 tax on yachts and collects it from the yacht consumers, the ________
curve will shift ________ by _.
A.supply; upward; $30,000
B.supply; upward; $60,000
C.demand; downward; $30,000
D.demand; downward; $60,000

Question

Quizplus · Accepted Answer

The Answer of Figure: The Market for Yachts
(Figure: The Market for Yachts) Look at the figure The Market for Yachts.If the government imposes a $60,000 tax on yachts and collects it from the yacht consumers, the ________
curve will shift ________ by _.
A.supply; upward; $30,000
B.supply; upward; $60,000
C.demand; downward; $30,000
D.demand; downward; $60,000

Figure: the Market for Yachts