Tax levied on the producer of cars will cause

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Reference no: EM13818111

A $150 tax levied on the producer of cars will cause:

A) a downward movement along the supply curve as the after tax price received by the seller falls.

B) an upward movement along the supply curve as the price of cars rises.

C) a leftward shift of the supply curve.

D) a rightward shift of the supply curve.

Reference no: EM13818111

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