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

PLEASE HELP WITH ANSWER! AND PLEASE EXPLAIN! functions!
A 1000 kg car and a 2000 kg car are lifted the same distance in a mechanic's shop. Neglecting friction, raising the more massive car requires
h - 15 = -22 Help please
The ratio of boys to girls in a class is 2:3. There are 30 students in the class. How manystudents are boys?​
Does the shape of a skateboard affect how will travel?
For Carl's birthday, his grandparents gave him a $50 gift card to a local movie theater. The theater charges $6 admission for each movie. How can Carl use an ar
What is 15p + 7 + 5p - 49
A positive result on this screening test would still require confirmation before your doctor could be sure you had diabetes A glucose tolerance test random plas
Q.3) Find the mean absolute deviation of the fulfilled items on Sherrie's registry. $29, $58, $15, $129, A. 19 B. 54.7 114 D. 32.67
[ Choose ]Son las tres y cuarto.Son las cuatro y cuarto. 4Son las tres menos cuarto. 2 ptsSon las cuatro menos cuarto.