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Author Question: Suppose an excise tax of $0.75 is imposed on every pack of cigarettes sold and sellers are ... (Read 80 times)

drink

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on: Mar 15, 2019

Suppose an excise tax of $0.75 is imposed on every pack of cigarettes sold and sellers are responsible for paying this tax. How would the imposition of the tax be illustrated in a graph?


◦ The supply curve for cigarettes would shift to the left by $0.75.
◦ The supply curve for cigarettes would shift to the left by less than $0.75.
◦ The supply curve for cigarettes would shift to the left by more than $0.75.
◦ The supply curve for cigarettes would shift to the right by $0.75.
Macroeconomics ¦ Hubbard, O'Brien ¦ 6th Edition
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Marked as best answer by drink on Mar 15, 2019

cloud

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Reply #1 on: Mar 15, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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drink

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Reply #2 on: Mar 15, 2019
Excellent


cloud

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Reply #3 on: Mar 15, 2019
Great! Please up vote :D


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