If a government increased a company's tax rate, would that affect their supply or demand? Would it lead to an increase or a decrease?

asked Feb 28, 2023 59.3k views

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If a government increased a company's tax rate, would that affect their supply or demand? Would it

lead to an increase or a decrease?

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5 votes

Answer:

If it is an income tax, it will cause a decrease in the supply.

Step-by-step explanation:

Larry Pickles answered Mar 4, 2023

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