A tax on demand shifts and the burden of the tax falls on the demand curve only; on demanders only. O both demand and supply curves; on both suppliers and demanders. the supply curve only; on both suppliers and demanders. the demand curve only; on both suppliers and demanders.

A tax on demand shifts and the burden of the tax falls on the demand curve only; on demanders only. O both demand and supply curves; on both suppliers and demanders. the supply curve only; on both suppliers and demanders. the demand curve only; on both suppliers and demanders.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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A tax on demand shifts
and the burden of the tax falls on
O the demand curve only; on demanders only.
ed
both demand and supply curves; on both suppliers and demanders.
the supply curve only; on both suppliers and demanders.
O the demand curve only; on both suppliers and demanders.

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