Imposing a sales tax on sellers of a product has an effect that is similar to which of the following?

Principles of Microeconomics (MindTap Course List)
8th Edition
ISBN:9781305971493
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter6: Supply, Demand And Government Policies
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poin(s) possible
Imposing a sales tax on sellers of a product has an effect that is similar to which of the following?
cem
A. a decrease in people's willingness to work
B. an increase in demand for the good
C. an increase in the costs of production
O D. a decrease in consumers' preferences for the good
ue As
O E. Anything that decreases the demand and shifts the demand curve leftward.
nt Ass
ЛAR
1
O Time Remaining: 00:58:48
ompleted
(ECON202 $2022 online) is based on Bade/Parkin: Foundations of Microeconomics, 9e
оо
Transcribed Image Text:poin(s) possible Imposing a sales tax on sellers of a product has an effect that is similar to which of the following? cem A. a decrease in people's willingness to work B. an increase in demand for the good C. an increase in the costs of production O D. a decrease in consumers' preferences for the good ue As O E. Anything that decreases the demand and shifts the demand curve leftward. nt Ass ЛAR 1 O Time Remaining: 00:58:48 ompleted (ECON202 $2022 online) is based on Bade/Parkin: Foundations of Microeconomics, 9e оо
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