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CHOSE ONLY 26 Suppose, the government of USA reduced the per unit tax on television set from R.O 5 to 3. What will be the
CHOSE ONLY 26
Suppose, the government of USA reduced the per unit tax on television set from R.O 5 to 3. What will be the effect of this tax reduction on the supply of television?
a.
Television supply will decrease
b.
Television supply will increase
c.
There will be no changes in the supply of television
d.
Television supply may increase or decrease
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