With increase in taxes by the government, supply will fall due to ………… .
A. increase in cost of production
B. fall in investments
C. Both (a) and (b)
D. Neither (a) nor (b)
Answer:A
With increase in taxes by the government, supply will fall due to ………… .
A. increase in cost of production B. fall in investments C. Both (a) and (b) D. Neither (a) nor (b)