ritchieandrew4027 ritchieandrew4027
  • 02-07-2021
  • Business
contestada

Assume a market for a normal good is currently in equilibrium. If the government increases the taxes that firms must pay, then:

Respuesta :

Priatouri Priatouri
  • 07-07-2021

Answer:

The supply will decrease.

Explanation:

The supply will decrease because the application of taxes will make selling costly. Thus, when cost increases then producers supply less. Therefore, less quantity will be supplied in the market when tax is imposed and this will increase the prices of products.

Answer Link

Otras preguntas

The perimeter of the equilateral triangle shown below is 67.5 inches. Write and solve an equation to find the value of x.
Pls help my brain is fried and this is my last question
What steps would you take in order to solve the equation 38=6x-16 •Subtract 16 and then divide by 6 •Divide by 6 and add 16 •Add 16 and then divide by 6 •Multip
72 is 25% of students that have a cat, how many total students are there?
You have three BSA working solutions: 5ug/ul, 0.5 ug/ul, and 0.05 ug/ul. Each tube contains 500 ul of solution. How much of which concentration(s) would you pip
Drivers completely ignore my vehicle Fragment Correct
what is secular education?​
how did Jews suffered under Hitler's Government.
find the value of b need help ​
Is the brain made up of Neurons itself? Please don't answer unless you know the answer