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.Management Sciences
A. supply curve downward by the size of the tax per unit.
B. Supply curve upward by the size of the tax per unit
C. demand curve upward by the size of the tax per unit.
D. demand curve downward by the size of the tax per unit
Related Mcqs:
- Which of the following statements about a binding price ceiling is true ?
- A. The shortage created by the price ceiling is greater in the short ran than in the long run. B. The surplus created by the price ceiling is greater in the short run than in the long run C. The surplus created by the price ceiling is greater in the long run than in the … Which of the following statements about a binding price ceiling is true ?Read More...
- Which of the following statements is true if the government places a price ceiling on petrol at Rs150 per litre and the equilibrium price is Rs100 per litre ?
- A. A significant increase in the demand for petrol could cause the price ceiling to become a binding constraint. B. A significant increase in the supply for petrol could cause the price ceiling to become a binding constraint. C. There will be a shortage of petrol D. There will be surplus of petrol...
- Which of the following takes place when a tax is placed a good ?
- A. a decrease in the price buyers pay, an increase in the price sellers receive, and a decrease in the quantity sold B. an increase in the price buyers pay a decrease in the price sellers receive, and an increase in the quantity sold C. a decrease in the price buyers pay, an increase in … Which of the following takes place when a tax is placed a good ?Read More...
- Within the supply and demand model, a tax collected from the sellers of a good shift the ?
- A. demand curve downward by the size of the tax per unit. B. supply curve downward by the size of the tax per unit C. demand curve upward by the size of the tax per unit. D. supply curve upward by the size of the tax per unit...
- When a tax is collected from the buyers in a market, ?
- A. the tax burden falls most heavily on the buyers. B. the buyers bear the burden of the tax C. the sellers bear the burden of the tax D. the tax burden on the buyers and sellers in the same as an equivalent tax collected from the sellers...
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