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When a tax per unit is placed on the buyer of a good: Selected answer will be automatically saved. For keyboard navigation, press up/down arrow

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When a tax per unit is placed on the buyer of a good: Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a the equilibrium price falls and the total amount spent by the buyer decreases if demand is elastic. b when prices increase from the tax, the supply increases because of the higher price. the buyer and seller share the burden of the tax with the seller receiving relatively less and the buyer paying relatively more. d the seller charges all of the tax to the buyer since the tax was not placed on the seller

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