relative to a situation in which gasoline is not taxed, the imposition of a tax on gasoline causes the quantity of gasoline demanded to

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10-11-2022
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relative to a situation in which gasoline is not taxed, the imposition of a tax on gasoline causes the quantity of gasoline demanded to

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baliyansmiriti baliyansmiriti · Answer 1 · 2022-11-15T14:41:33+01:00

Relative to a situation in which gasoline is not taxed, the imposition of a tax on gasoline causes the quantity of gasoline demanded to decrease and the quantity of gasoline supplied to decrease.

When a is tax imposed, accordingly inflicting the equilibrium fee and amount of commodities demanded to reduce.

While elevating the fuel line tax might growth authorities revenues, it'd handiest accomplish that on the fee of monetary growth, jobs, and own circle of relatives income. Some of those poor consequences are because of Americans' mobility needs.

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