How does a tax on a good affect the price paid by buyers, price receive by sellers, and the quantity sold?

Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781305971509
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter8: Application: The Costs Of Taxation
Section8.1: The Deadweight Loss Of Taxation
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How does a tax on a good affect the price paid by buyers, price receive by sellers, and the quantity sold?

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