If the Government Institutes a Tax on Suppliers of Cheesy-Poofs

Multiple Choice

If the government institutes a tax on suppliers of Cheesy-Poofs, the market for Cheesy-Poofs will see:

A) a decrease in demand, a decrease in quantity supplied, and an increase in price.
B) an increase in supply, a decrease in quantity supplied, and an increase in price.
C) a decrease in supply, an increase in quantity demanded, and an increase in price.
D) a decrease in supply, a decrease in quantity demanded, and an increase in price.