Question: Typically, taxes imposed on suppliers will Multiple choice question. increase the price consumers pay and increase consumer surplus. decrease the price consumers pay and increase

Typically, taxes imposed on suppliers will Multiple choice question. increase the price consumers pay and increase consumer surplus. decrease the price consumers pay and increase consumer surplus. decrease the price consumers pay and reduce consumer surplus. increase the price consumers pay and reduce consumer surplus.True or false: The government impacts output with a levied tax more when supply and demand are elastic. True false question. True False

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