If a Tax Shifts the Supply Curve Upward (Or to the Left),we

question 161

Multiple Choice

If a tax shifts the supply curve upward (or to the left) ,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.

---

Definitions:

Developmental Stage

A phase of life characterized by specific physical, psychological, or emotional features that individuals typically pass through as they age.

Middle Adulthood

A stage of life typically ranging from around 40 to 65 years old, characterized by stability, maturity, and increased focus on personal and professional achievements.

Older Adulthood

A stage of life generally considered to begin at the age of 65, characterized by retirement, transitioning lifestyles, and increased focus on health maintenance.

Adolescence

The transitional stage of physical and psychological development that occurs between childhood and adulthood.