e Universi Th Chapter 6 Quiz G https:/myonline .wstateu.edu/mod/quiz/attempt.php

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e Universi Th Chapter 6 Quiz G https:/myonline .wstateu.edu/mod/quiz/attempt.php2attempt- 164845 s Technical Support School Resources Student Resources- Online Student Orientation A sales tax imposed on sellers shifts the supply curve leftward for the taxed good because the: Select one: O a. tax is paid by the seller to the government and is, therefore, like a cost of production. O b. tax is actually shifted entirely onto the buyer who can afford only a smaller supply. O c. higher price causes entry into the market. O d. tax shifts the demand curve leftward.

Explanation / Answer

Answer
Option a
The tax is paid by the seller and it is counted as the cost of production so the supply curve shifts to the left, the tax depends on the elasticities of demand and supply so that taxing consumer or producer does not change the tax burden.

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