1. The Government places a luxury tax on cars that sell for over $50k. What would happen to the supply of Bentleys?

Aminata asked Aug 10, 2022

424,106 views

42 votes

Aminata asked Aug 10, 2022

3.1k points

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

17 votes

Answer:

Well the supply would probably go down because its more expensive to make and sell them and it would also increase the price of buying the cars.

Step-by-step explanation:

Townsfolk answered Aug 14, 2022

2.9k points

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers