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Jahaun Bailey
on Nov 17, 2024

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A tax on buyers usually causes buyers to pay more for the good and sellers to receive less for the good than they did before the tax was levied.

Tax on Buyers

A financial charge imposed directly on purchasers, affecting the demand side by potentially reducing the quantity of goods or services bought.

Sellers Receive Less

A situation where suppliers earn less revenue than expected due to market factors such as decreased demand or increased competition.

  • Understand how taxes influence buyer and seller behaviors in the marketplace.
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Safaa LakhmasNov 20, 2024
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