Suppose the demand curve for motorcycles slopes downward and the supply curve for motorcycles slopes upward.If the government passes a law requiring buyers of motorcycles to send $500 to the government for every motorcycle they buy,then
A) the demand curve for motorcycles shifts downward by $500.
B) buyers of motorcycles pay $500 more per motorcycle than they were paying before the tax.
C) sellers of motorcycles are unaffected by the tax.
D) All of the above are correct.
Correct Answer:
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