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How do taxes influence supply?

Updated: 9/21/2023
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Q: How do taxes influence supply?
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What category does subsidies excise taxes and regulation belong in economics?

Government's influence on supply is the category that subsidies excise taxes and regulation belong in economics.


What are factors that influence supply?

what are the factors that influence supply


How can taxes and subsidies effect in 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.


What do supporters of the supply side economics believe?

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 most important influence on supply is?

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.


Decreases in aggregate supply can be caused by?

Lower Taxes


What is on way entrepreneurs influence supply?

Technology


Which part of the government did the colonial assembly influence?

Taxes, budgets, and laws. A+LS!


A supply-side economist would be in favor of what?

Cutting Taxes


Supply side economics of Ronald Reagan?

the supply of goods and service's would increase


What will happen to the supply curve when the government imposes heavy indirect taxes and puts price control on a commodity?

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.


What is one way entrepreneurs influence on supply?

Technology