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Business, 20.11.2021 01:00 jdkrisdaimcc11

Suppose there is a tax of $50 on bicycles which is collected from sellers. If the tax is reduced from $50 to $10 per bicycle, then the: supply curve will shift downward by $40. demand curve will shift downward by $40. demand curve will shift upward by $40. supply curve will shift upward by $40.

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Suppose there is a tax of $50 on bicycles which is collected from sellers. If the tax is reduced fro...
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