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19 April, 08:58

Regardless of on whom a tax is levied, sellers face which of the following?

A a decrease in the amount of money they receive

B an increase in the amount of money they receive

C an increase in demand for their good or service

D a decrease in demand for their good or service

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Answers (1)
  1. 19 April, 10:33
    0
    A a decrease in the amount of money they receive

    Explanation:

    If the seller levies the tax on the customer, the tax will increase the price of a product and in turn decrease the demand for the product. Decreased demand, in turn, will reduce the total revenue.

    But if the seller levies the tax on themself, it will not increase the product price but lower the seller revenue directly. Either way, the revenue of the seller will be decreased.
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Home » Business » Regardless of on whom a tax is levied, sellers face which of the following? A a decrease in the amount of money they receive B an increase in the amount of money they receive C an increase in demand for their good or service D a decrease in demand
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