What Effect Does a Tax on a Good Have on Prices

question 60

Multiple Choice

What effect does a tax on a good have on prices

• A)It raises the price buyers pay and lowers the price sellers receive.
• B)It raises both the price buyers pay and the price sellers receive.
• C)It lowers both the price buyers pay and the price sellers receive.
• D)It lowers the price buyers pay and raises the price sellers receive.

---

Definitions:

Infotainment

Media content that combines information and entertainment, designed to be engaging while also providing news or educational material.

Entertainment Media Vehicles

Platforms or mediums used to deliver entertainment content to the public, such as television, film, and digital formats.

Edited

Modified or revised, typically to correct errors, improve clarity or quality, or adapt to different requirements.

Use-of-force

The application of physical coercion by law enforcement officers, or others in authority, to gain compliance from persons unwilling to obey commands, or to protect themselves or others from harm.