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how will reduction in goods and services tax on text book affect their market supply

Posted by Harsh Karu 4 years, 3 months ago

CBSE > Class 11 > Economics

2 answers

Your Father 4 years, 2 months ago

reduction in tax rate will affect market price because when tax rate falls the production will increase as the production will be cheaper so supply will rise

0Thank You

Harshika Saxena 4 years, 2 months ago

All are inter-connected if one of the thing changes then it affect each and every thing.

0Thank You

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CBSE > Class 11 > Economics