Suppose an emissions tax is imposed on all dairy farms in Wisconsin.This tax would have the effect of:

Name: Suppose an emissions tax is imposed on all dairy farms in Wisconsin.This tax would have the effect of:
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The imposition of an emissions tax on dairy farms in Wisconsin would increase the cost of production for these farms. As a result, some of the farms may reduce their output or exit the industry due to the increased costs. This would cause a decrease in the supply of milk in Wisconsin.

Suppose an Emissions Tax Is Imposed on All Dairy Farms