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In: Finance

A tax levied on a business will a. reduce the profits of owners. b. reduce the...

A tax levied on a business will a. reduce the profits of owners. b. reduce the wages of workers. c. increase the prices paid by consumers. d. result in any or all of the above actions depending upon the market conditions the firm faces.

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Expert Solution

A tax levied on business will:-

d. result in any or all of the above actions depending upon the market conditions the firm faces.

jeff jeffy answered 2 years ago
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