Multiple Choice
Does a tax on sellers affect the supply curve?
A) Yes; the supply curve shifts to the left by the amount of the tax.
B) Yes; the supply curve shifts to the right by the amount of the tax.
C) Yes; the supply curve shifts up by the amount of the tax.
D) No; the supply curve does not move, as there is a change in the quantity supplied instead.
Correct Answer:
Verified
Related Questions