a $1.50 tax levied on the buyers of pomegranate juice will shift the demand curve,

The demand curve for pomegranate juice is shaped like a U, with the quantity demanded at any given price point on the vertical axis. The tax levied by the government will create an addition $1.50 cost to each bottle of pomegranate juice. This change in price will shift the entire demand curve up, as consumers are now less willing and able to purchase it due to its higher price tag. quantity the with, U a like shaped is juiceategranome p for curve demandThe . effect took levy new the before expensive too were goods their because business of out sellers other driven already has change this if hard be could which – alternatives cheaper find or them for pay to but choice little have people, increase taxes When. afford’t can they that anything buy to wanting not but prices lower’s there when purchasing in interested more beingasers purch with U a like shaped is axis vertical the on point price given any at demanded quantity The. point price higher its to due it purchase to able and willing less now are consumers as, up curve demand the shift will juiceategranome p of buyers the on tax00.50 $A . axes both on quantity with, J a like shaped now is curve demand the that is shift this of result The what describe; point equilibrium’s graph a shifts demand or supply changing howizeual Concept: one item listletedBul –// –//– — start pointsletbul/ numbers — //– — contentform- long end — //– –//– – — here content more – — . tag price higher its to due it purchase to able and willing less now are consumers as, up curve demand entire the shift will price in change This. juiceategranome p of bottle each to cost50.0 $ addition an create will government the by levied tax The. axis vertical the on point price given any at demanded quantity the with, U a like shaped is juiceategranome p for curve demandThe than consumption or sale for available supply more is there when happens what showing representation graphical A: CurveDemand . imposed was taxation before than points price respectives’ unit every at purchased units fewer causingward left curve demand their shifts productsOM P of buyers on levied tax liter per50.0 $A