When a tax is levied on a good or service

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Reference no: EM13818112

When a tax is levied on a good or service, the following will happen:

A) the price and the quantity of the good sold will change.

B) the quantity of the good sold will not change.

C) the price of the good sold will not change.

D) neither the price nor the quantity of the good sold will change.

Reference no: EM13818112

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