poin(s) possibleImposing a sales tax on sellers of a product has an effect that is similar to which of the following?cemA. a decrease in people's willingness to workB. an increase in demand for the goodC. an increase in the costs of productionO D. a decrease in consumers' preferences for the goodue AsO E. Anything that decreases the demand and shifts the demand curve leftward.nt AssЛAR1O Time Remaining: 00:58:48ompleted(ECON202 $2022 online) is based on Bade/Parkin: Foundations of Microeconomics, 9eоо

Implementation of sales tax on the sellers will affect the supply of the goods.

Answered: Imposing a sales tax on sellers of a…

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

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

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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