If a Tax Is Levied on the Buyers of a Product,then

question 106

Multiple Choice

If a tax is levied on the buyers of a product,then there will be a(n)

• A)downward shift of the supply curve.
• B)upward shift of the supply curve.
• C)movement up and to the right along the supply curve.
• D)movement down and to the left along the supply curve.

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Definitions:

Net Sales

The total revenue from sales of goods or services minus returns, allowances, and discounts.