224k views
4 votes
When Paul listened to the presidential candidate debates, he heard one candidate proposing to increase taxes and the other candidate responding that this would cause firms to decrease production. How would this be described by an economist? Group of answer choices

User Asifmohd
by
5.6k points

1 Answer

4 votes

Answer:

as taxes increase, there is a decrease in supply

Step-by-step explanation:

User Sergey Pugach
by
5.4k points