If buyers are required to pay a $0.20 tax per bag on jelly beans,how will the demand for jelly beans shift

Question

Quizplus · Accepted Answer

The tax will increase the price of jelly beans by $0.20 per bag, making them more expensive for buyers. As a result, the demand for jelly beans is likely to decrease as people are less willing to buy them at the higher price. Therefore, the demand for jelly beans will shift down by $0.20 per bag.

If Buyers Are Required to Pay a $0