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To pay off the national debt, congress recently passed a law that increased taxes on corpoations producing lawnmowers. What curve will shift?

Social Science by Anonymous 2018-05-11 21:32:21

Social Science

To pay off the national debt, congress recently passed a law that increased taxes on corpoations producing lawnmowers. What curve will shift?

3 answers

  • Anonymous

    A corporate tax. So the suppliers now have an extra cost in the production of lawnmowers. SUPPLY curve will shift to the LEFT.

  • Anonymous

    lawnmowers may become more expensive, but if the customers have the money they will still buy them

  • Anonymous

    AS will shift downward, but to the left. The corporations have gone with the wind.

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