1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ostrovityanka [42]
3 years ago
12

Suppose the government removes a tax on buyers of a good and levies a tax of the same size on sellers of the good. How does this

change in tax policy affect the price that buyers are out of pocket including the tax, the amount sellers receive net of the tax, and the quantity of the good sold?
Social Studies
1 answer:
maks197457 [2]3 years ago
3 0

Answer:

It does not affect the buyers, the sellers, or the quantity of goods sold

Explanation:

Let us explain the above answer in stages:

Stage 1: The buyers were initially charged tax for buying the goods and the sellers were free from the same tax, supplying goods as normal.

Stage 2: The buyers are freed of tax for purchasing the goods and instead, the suppliers/sellers are taxed for supplying the goods.

Stage 3: Buyers won't feel a change in the price of goods since suppliers/sellers will add the tax charge of these goods to the price of the goods, and therefore demand won't change for buyers. Supply remains unchanged too since price net of taxes remains the same.

You might be interested in
Hii please help i’ll give brainliest
Veseljchak [2.6K]

Answer:

A ruling family

Explanation:

7 0
3 years ago
Read 2 more answers
"a child decides to steal a small item from a neighborhood store in order to be accepted into the hawk club. the child reasons t
almond37 [142]
<span>The correct answer is the conventional <span>level.

According to Kohlberg's theory of moral development, the conventional level of development refers to second level of moral development. At this level, a child's understanding of what's "good" or "bad is defined by the moral standards of authority figures or individuals children aspire to gain approval from.</span></span>
7 0
3 years ago
Read 2 more answers
Belinda's boss shouts at her and uses profanity when he is upset and has humiliated her in staff meetings by belittling her opin
AveGali [126]

Answer:

Bullying

Explanation:

Bullying is the repeated use of force, verbal or physical assault that is deliberately meant to cause social or psychological trauma. Bullying can be through physical means such as shouting at someone, use of profanity, and making rude gestures at someone. It could also be emotional by doing thing that will make someone feel bad about themself through actions like leaving someone out on purpose, name calling, making jest of someone e.t.c

6 0
3 years ago
Why did the Roman Empire produce more coins?
Bogdan [553]
So they could have more MONEY
7 0
3 years ago
Read 2 more answers
The table below lists protected constitutional rights and how they may be limited.
raketka [301]
Background check I believe so
7 0
3 years ago
Read 2 more answers
Other questions:
  • How has casy's experience in prison enabled him to realize the necessity to build a socialist society?
    5·1 answer
  • Voting
    7·1 answer
  • It is 9:00 pm, it is raining, and you are hungry. You are on your way home from a long workday. You only have $5 in your wallet,
    5·1 answer
  • What brought increased public attention to the problems with the irb system?
    12·1 answer
  • The basic concepts of financial management are the same for all businesses, regardless of how they are organized. However, a fir
    13·1 answer
  • The Constitution’s creation of a national government with separation of powers
    6·1 answer
  • McCulloch v. Maryland established the principle thata. as long as the national government does not violate theConstitution, its
    7·1 answer
  • Which of the following is classified under the factors of production as land?
    7·2 answers
  • How many windows can be open simultaneously using the quickbooks online advanced desktop app?.
    10·1 answer
  • Which decision is not made in the r&amp;d department? performance size price reliability
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!