India Languages, asked by vr929561, 3 months ago

Q.28 How does the imposition of GST affect the supply curve of a firm with the help of diagram?

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Answered by Anonymous

Answer:

A unit taxis the tax imposed on per unit of the output sold. ... Consequently, the LMC curve will shift leftward upward and as thesupply curve is a portion of LMC, so the supply curve will also shiftleftward upward.

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Q.28 How does the imposition of GST affect the supply curve of a firm with the help of diagram?​

Answers

Q.28 How does the imposition of GST affect the supply curve of a firm with the help of diagram?