Imposition of new taxes levied on goods andservices will tend toremain constantremains the samepush demand curve to the rightpush demand curve to the left Aling Juaning was surprise to find out thatthe price of milk have increase by P1.50from the usual P45.00 per can. What wouldthis one constitute?shift of the curve to the rightshift of the curve to the leftmovement along the curvewill not buy the milk anymore

The demand curve shows the relationship between price and quantity demanded of goods and services.…

Answered: Imposition of new taxes levied on goods…

Imposition of new taxes levied on goods and services will tend to remain constant remains the same push demand curve to the right O push demand curve to the left

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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