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AP Microeconomics
Unit 2 – Supply and Demand
Topic 2.8
What is the purpose of an excise tax?
To eliminate competition among firms
To raise government revenue and influence market behavior
To shift the supply curve to the right
To lower prices and increase consumer welfare
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AP Microeconomics - 2.8 The Effects of Government Intervention in Markets
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Excise Tax
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About Us
About Fiveable
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CCPA Privacy Policy
Resources
Cram Mode
AP Score Calculators
Study Guides
Practice Quizzes
Glossary
Crisis Text Line
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© 2024 Fiveable Inc. All rights reserved.
AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.
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