Economics Class Question. Please Help!!!?

Econkid · #1 (**permalink**) 02-27-2008, 06:30 PM

A new tax on backpacks that shifts the supply curve should increase by
-Less than the increase of the tax

Please Explain this? I dont get it...

Going Crazy · #2 (**permalink**) 02-27-2008, 06:31 PM

the buyer pays the tax, the business get a tax break

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