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Posted: October 17th, 2022
Assume the government introduces a $0.50 per gallon tax on gasoline
Select thhe right answer (a, b, c, or d):Assume the government introduces a $0.50 per gallon tax on gasoline. Which of the following is true?a.The quantity of subway and bus tickets sold is likely to increase.b.The quantity of cars sold is likely to increase.c.The quantity of gasoline sold is likely to increase.d.The quantity supplied by producers will decrease
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