if a new tax on sellers of $0.35 per 20 - ounce bottle of soda is introduced, the supply curve shifts ______…

if a new tax on sellers of $0.35 per 20 - ounce bottle of soda is introduced, the supply curve shifts ______ until it lies $______ higher. right; 0.35 left; 0.35 right; 0.15 left; 0.15

if a new tax on sellers of $0.35 per 20 - ounce bottle of soda is introduced, the supply curve shifts ______ until it lies $______ higher. right; 0.35 left; 0.35 right; 0.15 left; 0.15

Answer

Brief Explanations:

When a tax is imposed on sellers, it increases their cost of production. This makes them less willing to supply the same quantity at each price level. A left - ward shift of the supply curve indicates a decrease in supply. The amount of the shift is equal to the per - unit tax. Here, the tax is $0.35 per bottle. So, the supply curve shifts left by an amount equal to the tax.

Answer:

left; 0.35