The tax on a commodity is diminished by 20% and its consumption increased by 15%. The effect on revenue is_________?

A. None

B. It increases by 10%

C. It decreases by 8%

D. No change in revenue

E. It increases by 8%

Be the first to comment if anything wrong with this mcq
Your comment successfully submitted!
It will automatically posted after review and approval by our staff member.