Government's influence on supply is the category that subsidies excise taxes and regulation belong in economics.
what are the factors that influence supply
Taxes can decrease the supply when they are raised and increase the supply when they are lowered. Subsidies, on the other hand, can raise the supply when raised and lower the supply when they are lowered.
Supporters of supply side economics believe in low marginal tax rates as high taxes have a negative influence on economic output. They believe that economic growth can be most effective when there is a great supply of goods and services at low prices.
Cutting Taxes
Government's influence on supply is the category that subsidies excise taxes and regulation belong in economics.
what are the factors that influence supply
Taxes can decrease the supply when they are raised and increase the supply when they are lowered. Subsidies, on the other hand, can raise the supply when raised and lower the supply when they are lowered.
Supporters of supply side economics believe in low marginal tax rates as high taxes have a negative influence on economic output. They believe that economic growth can be most effective when there is a great supply of goods and services at low prices.
The answer choices for this question weren't provided. But the most important influence on supply is demand. Supply and demand is an economic model of price determination in a market.
Lower Taxes
Technology
Taxes, budgets, and laws. A+LS!
Cutting Taxes
the supply of goods and service's would increase
the supply curve will fall if heavy indirect taxes are imposed. A price will worsen the burden of suppliers which force them to cut the supply of goods.
Technology