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Bess [88]
3 years ago
8

When a tax is levied on the buyers of a good, the A. buyers of the good will send tax payments to the government. B. supply curv

e shifts upward by the amount of the tax. C. quantity supplied increases for all conceivable prices of the good. D. demand curve shifts to the right by the horizontal distance of the tax.
Business
1 answer:
makkiz [27]3 years ago
8 0

Answer:

When a tax is levied on the buyers of a good, the <u>demand curve shifts downward (or to the left). The quantity demanded will decrease at every price level.</u>

Explanation:

When a tax is levied on the sellers of a good, the supply curve shifts to the left, reducing the quantity supplied at every price level.

When a tax is levied on a good, the buyers and sellers of the good share the burden,  regardless of how the tax is levied since it increases the price that buyers effectively pay and decreases the price that sellers effectively receive. Taxes decrease the equilibrium quantity of the good.

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Answer:

A. $26,100

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Explanation:

Calculation to determine Logan recognized gain

A. Based on the information given in a situation where  Johnathan's land is worth the amount of  $123,975, Logan's recognized gain will be the amount of $26,100 which is the lesser of the amount realized as  gain  ($156,600 realized amount − $130,500 adjusted basis = $26,100) or the fairmarket value of the boot received amount of  ($32,625)

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Which form of mass media was developed from a defense department project?
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The employees of Neat Clothes work Monday through Friday. Every other Friday the company issues payroll checks totaling $37,000.
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June 30                   Dr.            Cr.

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