Question

How does a tax on a good affect the price paidby buyers, the price received by sellers, and thequantity sold?​

Answer 1

some time goods actually cost is 5rupee but add the tax the price of that particular goods increase in rupees 8

Step-by-step explanation:

Answer 2

Step-by-step explanation:

Buyers could be given a subsidy which would reduce the price of the goods, making them more affordable and encouraging more purchases. Sellers could also be given subsidies, which would reduce the cost of producing or importing the good and ultimately increase the quantity of goods sold. Additionally, subsidies could also be used to encourage innovation and the development of new products