When a tax is placed on the buyers of cell phones

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Reference no: EM13736617

When a tax is placed on the buyers of cell phones, the size of the cell phone market

a) and the effective price received by sellers both decrease.

b) decreases, but the effective price received by sellers increases.

c) increases, but the effective price received by sellers decreases.

d) and the effective price received by sellers both increase.

Reference no: EM13736617

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