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borteleto borteleto
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6 years ago
A sales tax imposed on sellers shifts the supply curve leftward for the taxed good because the
A) tax is paid by the seller to the government and is, therefore, like a cost of production.
B) tax is actually shifted entirely onto the buyer who can afford only a smaller supply.
C) higher price causes entry into the market.
D) tax shifts the demand curve leftward.
Textbook 
Foundations of Finance

Foundations of Finance


Edition: 9th
Authors:
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DeanaRayDeanaRay
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6 years ago
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borteleto Author
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#2
6 years ago
I'm still confused, but thanks for answering correctly
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