Social Studies, 04.02.2021 03:00 Arealbot
Taxes are a part of a civil society, but they have a significant effect on supply and
demand for goods. A tax is an extra cost added to an exchange. What is the effect of
tax on a markets equilibrium point?
Select the correct answer below:
O price is higher and quantity is lower
price is lower and the quantity is higher
tax increases supply and demande
there is no effect
Answers: 3
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Taxes are a part of a civil society, but they have a significant effect on supply and
demand for go...
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