History, asked by hj5aejh308, 1 year ago

Excise taxes tend to __________ supply.

Answers

Answered by anju7699
3

decrease the supply....

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Answered by simonhuang
1

Answer:

Decrease

Explanation:

"Business Taxes Decrease Supply. ... Any tax on a business will affect its supply. Taxes increase the costs of producing and selling items, which the business may pass on to the consumer in the form of higher prices. When costs of production increase, the business will decrease its supply of the item." - Bizfluent

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