Social Sciences, asked by pavan135, 1 year ago

You are expected to pay taxes on steel,matches, clock, cloth, iron;a tax increase on which of these would affect the prices of other commodities the most and why?

Answers

Answered by saatvik2004
3
steel .Because this industry feeds other industries ,it provides the essential raw materials for production of other goods in other industries ...........
Answered by Anonymous
2

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\blue\longmapsto\: The tax increase on iron among the above would affect the prices of other commodities the most. The reason behind this is iron is one of the most important raw material.

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