Business, 04.11.2019 22:31 CoolRahim9090
Suppose the tax on gasoline is decreased from $0.60 per gallon to $0.40 per gallon. as a result,
a. tax revenue necessarily decreases.
b. the deadweight loss of the tax necessarily decreases.
c. the demand curve for gasoline necessarily becomes steeper.
d. the supply curve for gasoline necessarily becomes flatter.
Answers: 3
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Suppose the tax on gasoline is decreased from $0.60 per gallon to $0.40 per gallon. as a result,
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