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If the Government Places a $1500 Tax on Each Hybrid

Question 119

Multiple Choice

If the government places a $1500 tax on each hybrid car sold


A) consumers will stop buying hybrid cars.
B) the supply curve will shift left by up to $1500, depending on the price elasticity of demand.
C) the supply curve will shift to the right by $1500.
D) None of the above.

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