If a tax is levied on the sellers of a product, the demand curve
a. will shift downward.
b. will shift upward.
c. will shift either upward or downward, depending on the amount of the tax.
d. will not shift.
Answer: D
If a tax is levied on the sellers of a product, the demand curve
a. will shift downward.
b. will shift upward.
c. will shift either upward or downward, depending on the amount of the tax.
d. will not shift.
Answer: D