Multiple Choice
All other things unchanged, a tax on a product that leads to an increase in the cost of production would:
A) lead to an increase in supply.
B) lead to a decrease in demand.
C) result in an increased price.
D) lead to a decrease in supply.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q36: Use the following to answer question(s): Demand
Q37: Use the following to answer question(s): The
Q38: For most consumers, blu-ray players and blu-ray
Q39: If a demand curve shifts to the
Q40: The demand for a product is the
Q42: A decrease in supply is caused by:<br>A)
Q44: If economists say, "the price is too
Q45: A decrease in the demand for eggs
Q113: An increase in demand with no change
Q126: A decrease in demand with no change