If a tax is levied on the sellers of a product, then the supply curve will
A. shift up.
B. become flatter.
C. shift down.
D. not shift.
A. shift up.
Economics
You might also like to view...
Rate of return regulation is typically imposed on
A) monopolistically competitive firms. B) an oligopoly. C) a natural monopoly. D) perfectly competitive firms.
Economics
During the financial crisis of 2007-2009,
A) mortgage-backed securities became more liquid. B) information costs of mortgage-backed securities rose. C) information costs of mortgage-backed securities declined. D) the tax treatment of mortgage-backed securities was changed.
Economics