Overfishing along the coastline of Helsking village led the government to impose a fee on the boats used for fishing. The fishermen were charged $50 on each boat they sent out for fishing. The following table shows the total pounds of fish caught per hour and the number of boats used for fishing.Table 13.2

-When the government imposes a tax on the production of a commodity:
A) production will invariably increase.
B) the cost of production increases, so the supply curve shifts to the left.
C) the benefits of consumption increases, so the demand curve shifts to the right.
D) there is no change in demand or supply of the commodity.
E) both the demand and supply curves shift to the right.
Correct Answer:
Verified
Q46: The figure given below shows the demand
Q47: The figure given below shows the demand
Q48: Overfishing along the coastline of Helsking village
Q49: The figure below shows the demand and
Q50: The figure given below shows the demand
Q52: The figure given below shows the demand
Q53: The figure given below shows the demand
Q54: The figure given below shows the demand
Q55: The figure below shows the demand and
Q56: The figure below shows the demand and
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