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Suppose the government imposes a $20 per unit tax on the sale of shoes by charging suppliers $20 for each pair sold. If
Posted: Sun Jul 03, 2022 3:42 pm
by answerhappygod
- Suppose The Government Imposes A 20 Per Unit Tax On The Sale Of Shoes By Charging Suppliers 20 For Each Pair Sold If 1 (27.09 KiB) Viewed 11 times
Suppose the government imposes a $20 per unit tax on the sale of shoes by charging suppliers $20 for each pair sold. If the demand curve is downward-sloping and the supply curve is upward-sloping: the price of a pair of shoes will decrease by $20. consumers of shoes will bear the entire burden of the tax. the price of a pair of shoes will increase by less than $20. the price of a pair of shoes will increase by $20.