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1. |
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 the price sellers receive and an increase in the quantity sold |
D. | an increase in the price buyers pay a decrease in the price sellers receive and a decrease in the quantity sold |
Answer» E. | |