A financial charge or levy imposed on citizens by the government according to their income for various spending and funding are called taxes.
The outcome that is most likely to occur is:
Option B. Supply of the goods will increase.
The outcome can be explained as:
- When the taxes are lowered consumers will buy more products which will increase the supply rate.
- While option A is incorrect as the supply will expand due to lower taxes.
- Demands by the purchasers and buyers will increase as the taxes have lowered that is it will be profitable for them to purchase goods.
Thus, supply will increase.
To learn more about taxes and their effect on demand and supply follow the link:
https://brainly.com/question/1234091
