How would the market for smartphones be affected if the government charged an excise tax of $5.00 on each smartphone sold? question 2 options:
a. the demand for smartphones would increase
b. the price of smartphones would rise by $5.00.
c. the supply of smartphones would decrease
d. the demand for smartphones would decrease?
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Home » Business » How would the market for smartphones be affected if the government charged an excise tax of $5.00 on each smartphone sold? question 2 options: a. the demand for smartphones would increase b. the price of smartphones would rise by $5.00. c.