Question 35 of 40 2.5 Points What is the likely effect on the market for wine of a simultaneous increase in both consumer incomes and producer taxes on wine? O A. an increase in price and a decrease in output B. None of the answers are correct O C. an increase in both price and quantity O D. a decrease in price and an indeterminate effect on quantity O E. an increase in price and an indeterminate effect on quantity Reset Selection