When payroll taxes are raised,the firm's marginal cost curve shifts

Name: When payroll taxes are raised,the firm's marginal cost curve shifts
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When payroll taxes are raised, it increases the cost of hiring workers for firms. This leads to an increase in the marginal cost of production, causing the firm's marginal cost curve to shift upward. As a result, the firm's supply decreases since it becomes more expensive to produce the same amount of goods or services, leading to a reduction in output.

When Payroll Taxes Are Raised,the Firm's Marginal Cost Curve Shifts