Refer to the provided supply and demand graph of Product X. What would happen if the government taxed the producers of this product because it has negative externalities in production?
A)supply would increase
B)demand would decrease
C)supply would decrease
D)price would decrease

Question

Refer to the provided supply and demand graph of Product X. What would happen if the government taxed the producers of this product because it has negative externalities in production?
A)supply would increase 
B)demand would decrease 
C)supply would decrease 
D)price would decrease

Quizplus · Accepted Answer

The Answer of  Refer to the provided supply and demand graph of Product X. What would happen if the government taxed the producers of this product because it has negative externalities in production?
A)supply would increase 
B)demand would decrease 
C)supply would decrease 
D)price would decrease

Refer to the Provided Supply and Demand Graph of Product