When a tax is imposed on some good,what happens to the amount of the good bought and sold?
A) It increases.
B) It decreases.
C) It decreases,but only if the tax is imposed on producers.
D) It decreases,but only if the tax is imposed on consumers.
E) It increases,but only if the tax is imposed on consumers.
Correct Answer:
Verified
Q64: When a tax is imposed on some
Q65: If a tax causes the supply curve
Q66: When a tax is imposed on some
Q67: After a tax is imposed,the price paid
Q68: A tax that is applied to one
Q70: The incidence of a tax is unrelated
Q71: A tax on apples would cause apple
Q72: A tax on apples would cause the
Q73: A tax on producers would cause the
Q74: A tax on milk would likely cause
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents