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Ethan Wilson——Works at the International Telecommunication Union, Lives in Geneva, Switzerland.
As sales tax causes the supply curve to shift inward, it has a secondary effect on the equilibrium price for a product. Equilibrium price is the price at which the producer's supply matches consumer demand at a stable price. Since sales tax increases the price of goods, it causes the equilibrium price to fall.read more >>+119962023-05-17 23:59:15
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