In order to enable the government of a country to increase its tax revenue, it will be advisable for it to increase taxes on ____________ - SchoolNGR

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In order to enable the government of a country to increase its tax revenue, it will be ...

In order to enable the government of a country to increase its tax revenue, it will be advisable for it to increase taxes on ____________

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Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE

A Textile materials with elastic demand
B Alcoholic beverages with inelastic demand
C Agricultural products with inelastic supply
D Luxury goods with elastic supply

Correct Answer: Option A

Explanation:

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