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Author Question: If a good has a tax levied on it, sellers respond to the price that excludes the tax and not the ... (Read 47 times)

Bernana

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on: May 24, 2019
If a good has a tax levied on it, sellers respond to the price that excludes the tax and not the price with the tax because
◦ the tax is handed over to the state directly by buyers.
◦ sellers do not get to keep the tax revenue.
◦ the demand for the good has decreased.
◦ the quantity supplied of the good increases.
◦ demanders pay none of the tax.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by Bernana on May 24, 2019

pikon

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Reply #1 on: May 24, 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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Bernana

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Reply 2 on: May 24, 2019
YES! Correct, THANKS for helping me on my review

marict

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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