{[ promptMessage ]}

Bookmark it

{[ promptMessage ]}

Quiz3 - ECO 201 Quiz 3 Dr Antonio Saravia 1 A tax placed on...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
ECO 201 Quiz 3 Dr. Antonio Saravia ____ 1. A tax placed on the sellers of blueberries a. reduces costs, raises profit and shifts supply to the left (upward). b. increases costs, lowers profit and shifts supply to the right (downward). c. increases costs, lowers profit and shifts supply to the left (upward). d. increases costs, lowers profit and causes a movement along the supply curve. ____ 2. When a tax is placed on the sellers of a product the ____ 3. Price controls are ____
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full Document Right Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

{[ snackBarMessage ]}