Government passes a law requiring sellers of mopeds

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Reference no: EM13736615

If the government passes a law requiring sellers of mopeds to send $200 to the government for every moped they sell, then

a) the supply curve for mopeds shifts downwards by $200

b) sellers of mopeds receive $200 less per moped than they were receiving before the tax.

c) buyers of mopeds are unaffected by the tax

d) none of the above is correct

Reference no: EM13736615

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