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27 January, 04:42

If the government removes a tax on sellers of a good and imposes the same tax on buyers of the good, then the price paid by buyers will:A) increase and the price received by sellers will increase. B) increase and the price received by sellers will not change. C) not change and the price received by sellers will increase. D) not change and the price received by sellers will not change.

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  1. 27 January, 04:57
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    D) not change and the price received by sellers will not change

    Explanation:

    If the government removes a tax on sellers of a good and imposes the same tax on buyers of the good, the net amount sellers receive doesn't change. The quantity of goods that are sold also remains the same.

    So, price paid by buyers will not change and the price received by sellers will also not change
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