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

User Bek
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5 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.

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User Seibar
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