A levy of excise duty on consumption of an item consumed will ……………..

Question

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NA

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Induce suppliers to pump in more quantity in the market

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Result in fall in the consumption of the commodity and lower total expenditure on it by the consumer

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Lead to inflationary conditions

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Place the consumer on lower indifference curve

1.	A levy of excise duty on consumption of an item consumed will ……………..
A.	Induce suppliers to pump in more quantity in the market
B.	Result in fall in the consumption of the commodity and lower total expenditure on it by the consumer
C.	Lead to inflationary conditions
D.	Place the consumer on lower indifference curve
Answer» E.

Discussion