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Question
If the government imposes a tax on each aluminum can sold, payable by consumers when they purchase the item, then, in the market for goods sold in aluminum cans, the
a. supply curve shifts to the left.
b. supply curve shifts to the right.
c. demand curve shifts to the left.
d. demand curve shifts to the right.
e. supply curve and the demand curve shift to the left.
Answer
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Related questions
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Q:
Suppose Solomon lives in a community with no price controls. What do you expect will happen if his town borders a community where there is a binding price ceiling on most products?
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