A tax on the buyers of smart watches encourages

A) sellers to supply a smaller quantity at every price.
B) buyers to demand a smaller quantity at every price.
C) sellers to supply a larger quantity at every price.
D) buyers to demand a larger quantity at every price.

Question

Aaron Hummer · Accepted Answer

Final Answer : B, Explanation :  A tax on the buyers of smart watches makes these watches more expensive for consumers, leading them to demand a smaller quantity at every price.

A tax on the buyers of smart watches encourages

A) sellers to supply a smaller quantity at every price.
B) buyers to demand a smaller quantity at every price.
C) sellers to supply a larger quantity at every price.
D) buyers to demand a larger quantity at every price.

Definitions

Learning Objectives

Learning Objectives

Related questions

A tax on the buyers of smart watches encouragesA) sellers to supply a smaller quantity at every price.B) buyers to demand a smaller quantity at every price.C) sellers to supply a larger quantity at every price.D) buyers to demand a larger quantity at every price.

Definitions

Learning Objectives

Learning Objectives

Related questions

A tax on the buyers of smart watches encourages

A) sellers to supply a smaller quantity at every price.
B) buyers to demand a smaller quantity at every price.
C) sellers to supply a larger quantity at every price.
D) buyers to demand a larger quantity at every price.