How is the market for gasoline affected if the excise tax on ...

[RRMR]

How is the market for gasoline affected if the excise tax on gasoline is reduced?
 
  A) The supply of gasoline decreases.
  B) The supply of gasoline increases.
  C) The equilibrium quantity of gasoline decreases.
  D) The equilibrium price of gasoline increases.

Question 2

Private goods are goods
 
  A) that carry a price.
  B) for which price is greater than zero.
  C) for which the more one person has the less is available for someone else.
  D) that are produced by the government.

[ladyjames123]

Answer to Question 1

B

Answer to Question 2

C

[RRMR]

Thank you

[ladyjames123]

No problemo