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When a tax is placed on the buyers of a product, the a. size of the market decreases. b. effective price received by sellers decreases, and the price paid by buyers increases. c. demand for the product
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When a tax is placed on the buyers of a product, the a. size of the market decreases. b. effective price received by sellers decreases, and the price paid by buyers increases. c. demand for the product decreases. d. All of the above are correct.

User Webbiedave
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D. ALL OF THEM ARE CORRECT

User Lalit Kushwah
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