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Taxes are a part of a civil society, but they have a significant effect on supply and demand for goods. A tax is an extra
Taxes are a part of a civil society, but they have a significant effect on supply and demand for goods. A tax is an extra cost added to an exchange. What is the effect of tax on a market's equilibrium point? Select the correct answer below: price is higher and quantity is lower price is lower and the quantity is higher tax increases supply and demand there is no effect
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