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When the Government Places a Tax on the Producer of a Good

Question 74

Multiple Choice

When the government places a tax on the producer of a good or service


A) the demand curve for the good or service shifts to the right.
B) the demand curve for the good or service shifts to the left.
C) the supply curve for the good or service shifts to the right.
D) the supply curve for the good or service shifts to the left.
E) both the supply and demand curves for the good or service shifts to the left.

Correct Answer:

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