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If the government imposed an additional sales tax on cigarettes, then the market price of cigarettes will increase by a ______ and the tax burden
If the government imposed an additional sales tax on cigarettes, then the market price of cigarettes will increase by a ______ and the tax burden will be on _____.
| a | leftward shifting supply; both buyers and sellers | |
| b | leftward shifting demand; both buyers and sellers | |
| c | rightward shifting supply; sellers only | |
| d | rightward shifting demand; buyers only |
please choose one, TIA
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Entrepreneurship
Authors: Andrew Zacharakis, William D Bygrave
5th Edition
9781119563099
