If a Tax Shifts the Supply Curve Downward (Or to the Right),we

question 39

Multiple Choice

If a tax shifts the supply curve downward (or to the right) ,we can infer that the tax was levied on

• A)buyers of the good.
• B)sellers of the good.
• C)both buyers and sellers of the good.
• D)We cannot infer anything because the shift described is not consistent with a tax.

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Definitions:

Experimental Group

In an experiment, the group receiving the treatment under study.

Control Group

In an experiment, a group of people, similar to those in the experimental group, who do not receive the treatment under study.

Cause and Effect

A relationship where one event (the cause) makes another event happen (the effect).

Random Selection

A method of sampling in which participants are chosen from a larger population entirely by chance, ensuring that every individual has an equal probability of being selected.