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vitfil [10]
2 years ago
9

A tax on gasoline that is applied at the point of purchase, like a sales tax, would likely cause an increase in the

Business
1 answer:
Mademuasel [1]2 years ago
8 0

The correct option is C. The consumer will have to pay more because the supply of gasoline will decrease, which would put upward pressure on the price.

<h3>What is Gasoline?</h3>

Gasoline, or petrol, is a transparent, volatile, flammable liquid hydrocarbon mixture used as a fuel, especially for internal combustion engines, and usually blended from several products of natural gas and petroleum.

Thus, the tax on gasoline at the point of purchase would increase the price consumers have to pay for gasoline.

Learn more about Gasoline here:

brainly.com/question/13402652

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A taxpayer's most advantageous tax benefit is A) a tax deduction. B) a depletion allowance. C) a tax credit. D) straight-line de
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2 years ago
Opera Corp uses the periodic inventory system. For the current month, the beginning inventory consisted of 7,200 units that cost
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Answer:

$159,057

Explanation:

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3 0
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