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20-02-2020
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Drop in taxes increases supply or decreases supply

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cindybraswell14 cindybraswell14

20-02-2020

Answer:

Any tax on a business will affect its supply. Taxes increase the costs of producing and selling items, which the business may pass on to the consumer in the form of higher prices. When costs of production increase, the business will decrease its supply of the item.

Explanation:

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