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What is the effect of imposing a fixed per unit tax on a good on its equilibrium price and quantity?

(A) Price falls, quantity rises
(B) Price rises, quantity falls
(C) Both price and quantity fall
(D) Both price and quantity rise

►Correct Option

Correct Option is: B

Economics McqsEconomics Mcq Questions and Answers, Economics Mcqs, Economics Mcqs With Answers

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