A 150 tax levied on the producer of cars will causea a, Ask an Expert

Economics

A $150 tax levied on the producer of cars will cause:

A) a downward movement along the supply curve as the after tax price received by the seller falls.

B) an upward movement along the supply curve as the price of cars rises.

C) a leftward shift of the supply curve.

D) a rightward shift of the supply curve.

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91388030

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