If a tax of $1 a can is imposed on the buyers of sugary drinks, the demand

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If a tax of $1 a can is imposed on the buyers of sugary drinks, the demand for sugary drinks ______ and the price that buyers pay ______.
A. Doesn’t change; doesn’t change
B. Doesn’t change; rises by $1 a can
C. Decreases; rises by more than $1 a can
D. Decreases; rises by less than $1 a can

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Foundations Of Economics

ISBN: 9780135897478

9th Edition

Authors: Robin Bade, Michael Parkin

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