When a tax is placed on the buyers of a product,a result is that,relative to the pre-tax situation,

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When a tax is placed on the buyers of a product, the price paid by buyers increases due to the tax. This leads to a shift in the demand curve to the left, resulting in a decrease in the quantity demanded, which ultimately leads to a decrease in the price received by sellers. Therefore, buyers pay more (due to the tax) and sellers receive less (due to a decrease in the price).

When a Tax Is Placed on the Buyers of a Product,a