Assertion: tax | /r/HasProperty | levied on producer
Facets:
Source sentences:
text: Thus, it does not matter whether the tax is levied on consumers or producers.
text: Unlike when tax is imposed on producers, the demand curve shifts to the left to create new equilibrium with initial supply (marginal cost) curve.
text: For example, if the initial price of the good is $2, and the tax levied on the production is $.40, consumers will be able to buy the good for $2.20, while producers will receive $1.80.