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Question 1 A tax placed on a good O creates a burden that is usually borne entirely by the sellers of the good. O

Question 1 A tax placed on a good O creates a burden that is usually borne entirely by the sellers of the good. O causes the equilibrium quantity of the good to decrease. O affects the welfare of buyers of the good but not the welfare of sellers. Ocauses the effective price to sellers to increase. 1 pts Next + Question 1 Question 2 Question 3 Question 4 Question 5 Question 6 Question 7 Question 8 Time Elapsed: Hide Time Attempt due: Mar 20 at 11:59pm 0 Minutes, 44 Seconds

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