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What effect does an increase in excise tax rate have on the supply curve of the product ?

+1 vote

asked Mar 19, 2019 in Class 12 by kratos

What effect does an increase in excise tax rate have on the supply curve of the product ?

class-12
producer behaviour and supply

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1 Answer

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answered Jul 26, 2020 by kratos

Best answer

Leftward shift of the supply curve.

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