What Is the Effect of the Imposition of a Sales

question 168

Multiple Choice

What is the effect of the imposition of a sales tax?

• A)The supply curve will shift to the left.
• B)The supply curve will shift to the right.
• C)The demand curve will shift to the left.
• D)The demand curve will shift to the right.

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Definitions:

Materialism

A philosophical stance that all phenomena, including mental phenomena and consciousness, are the result of material interactions.

Moral Intensity

The degree to which an issue demands the application of ethical principles.

Ethics

A branch of philosophy that involves systematizing, defending, and recommending concepts of right and wrong behavior.

Conscientiousness

A personality trait characterized by diligence, carefulness, thoroughness, organization, and the ability to plan efectively, often associated with high job performance.