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Suppose the government imposes an excise tax on a product with a demand curve of constant slope of -3. Which of the following will happen?

Suppose the government imposes an excise tax on a product with a demand curve of constant slope of -3. Which of the following will happen?

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Suppose the government imposes an excise tax on a product with a demand curve of constant slope of -3. Which of the following will happen? Select one: Q a. The quantity supplied will fall, and the price will fall, creating a deadweight loss. 0 b. The quantity supplied will fall, and the price will rise, creating a deadweight loss. O c. The quantity supplied will fall, and the price will rise, avoiding a deadweight loss. 0 d. The quantity supplied and price will both remain the same

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