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Effects of Taxes on a Market
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Problem 1
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Problem 3
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Problem 7
Problem 8
Problem 9
Problem 10
Effects of Taxes on a Market
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6. Introduction to Taxes / Effects of Taxes on a Market / Problem 10
Problem 10
What happens to the prices for buyers and sellers when a tax is imposed on a market?
A
Both prices remain the same.
B
The price for buyers decreases and the price for sellers increases.
C
Both prices increase.
D
The price for buyers increases and the price for sellers decreases.
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