1 year ago

How can taxes be used by the government to encourage or discourage the use of a

1 answer:

6 0

Answer:

Taxes can be used to increase the price of producing or selling something which discourages firms from engaging in that activity.
If the government wants to encourage a particular activity, they could subsidize firms who engage in it.

For example there are extra taxes on cigarettes because the government sees them as harmful, these extra taxes increase the price of ciggarettes.

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2 years ago

During the months of January and February, Solitare Corporation sold goods to two customers. The sequence of events was as follo

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Particulars Amount ($)

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2 years ago

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3 years ago

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