Answer to Question #137318 in Microeconomics for Taha

Question #137318
The government has lowered taxes on cattle ranchers; the supply of beef will _______________. What determinant of supply causes this change? _________________ Draw a graph showing the change
1
Expert's answer
2020-10-08T18:22:16-0400

Government lowering taxes will shift the supply curve to the right showing increase in quantity of beef supply.

The determinant is the decrease in taxes.



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