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Suppose the government levies a tax on the market for avocados. Assuming a normal upward sloping supply curve and a normal downward sloping demand curve
Suppose the government levies a tax on the market for avocados. Assuming a normal upward sloping supply curve and a normal downward sloping demand curve for avocados, the price for buyers will _______, price received by sellers will ______, and quantity sold will ______. Question 6Select one: a. increase, decrease, decrease b. increase, increase, decrease c. increase, increase, increase d. increase, decrease, increase
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