When a tax is placed on the sellers of cell phones,

Question

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Placing a tax on sellers of cell phones would increase the effective price of cell phones for buyers, which would reduce the demand for cell phones, resulting in a decrease in the size of the cell phone market. Additionally, sellers would receive a lower price for each cell phone sold, as they must pay the tax. Therefore, both the size of the market and the price received by sellers would decrease.

When a Tax Is Placed on the Sellers of Cell