A tax on buyers usually causes buyers to pay more for the good and sellers to receive less for the good than they did before the tax was levied.

Name: A tax on buyers usually causes buyers to pay more for the good and sellers to receive less for the good than they did before the tax was levied.
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Question

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A tax on buyers decreases the effective amount buyers are willing to pay, lowering the price sellers receive, while also increasing the overall cost to buyers, including the tax.

A Tax on Buyers Usually Causes Buyers to Pay More