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AP Microeconomics
Unit 2 – Supply and Demand
Topic 2.8
Unit 2 – Supply and Demand
2.8 The Effects of Government Intervention in Markets
mixed difficulty
What is the main impact of an excise tax on the supply curve?
It has no effect on the supply curve.
It causes the supply curve to become vertical.
It shifts the supply curve to the left.
It shifts the supply curve to the right.
Study guides (1)
AP Microeconomics - 2.8 The Effects of Government Intervention in Markets
Key terms
Excise Tax
Supply Curve
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