How is the market for gasoline affected if the excise tax, Ask an Expert

Economics

How is the market for gasoline affected if the excise tax on gasoline is? reduced?

a) the supply of gasoline increase

b)the equilibrium quantity of gasoline degreases

c) the equilibrium price of gasoline increases

d) the supply of gasoline decreases?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91819993

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