Economy, asked by akashojha8342, 1 year ago

What economic measure can the government take to reduce the demand of commodity which is harmful

Answers

Answered by luckyamelia99
3

It can increase taxation on the product, making cost of production higher, thereby reducing the supply.  It can also use moral suation as a method of making an unfavourable change in tastes and preferences of consumers which is an important factor in the demand function.

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