When a Tax Is Placed on the Buyers of a Product,a

question 119

Multiple Choice

When a tax is placed on the buyers of a product,a result is that buyers effectively pay

• A)less than before the tax,and sellers effectively receive less than before the tax.
• B)less than before the tax,and sellers effectively receive more than before the tax.
• C)more than before the tax,and sellers effectively receive less than before the tax.
• D)more than before the tax,and sellers effectively receive more than before the tax.

---

Definitions:

Electrons

Subatomic particles with a negative charge, orbiting the nucleus of an atom and involved in chemical bonds and electrical conductivity.

Oxidized

A chemical process where a substance loses electrons, often associated with the gain of oxygen or the loss of hydrogen.

Non-metal Free Elements

Elements that exist in their natural state not combined with other elements and do not display metallic characteristics; examples include oxygen (O2) and nitrogen (N2).

Redox Reaction

A chemical reaction where the oxidation states of atoms are changed through the transfer of electrons.