Selcet the right answer (a, b, c, or d): Assume the government introduces a $0.5
ID: 1210475 • Letter: S
Question
Selcet the right answer (a, b, c, or d):
Assume the government introduces a $0.50 per gallon tax on gasoline. Which of the following is true?
The quantity of subway and bus tickets sold is likely to increase.
The quantity of cars sold is likely to increase.
The quantity of gasoline sold is likely to increase.
The quantity supplied by producers will decrease
a.The quantity of subway and bus tickets sold is likely to increase.
b.The quantity of cars sold is likely to increase.
c.The quantity of gasoline sold is likely to increase.
d.The quantity supplied by producers will decrease
Explanation / Answer
The quantity of subway and bus tickets sold is likely to increase
as the people will drive less owned cars , rather will go for public bus