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Assume there is a decrease in tax rates and a decrease in income. What can

Question: Assume there is a decrease in tax rates and a decrease in income. What can you predict with certainty? The equilibrium quantity will decrease. The equilibrium price will decrease. The equilibrium price will increase. The equilibrium quantity will increase.Assume there is a decrease in tax rates and a decrease in income. What can you predict with certainty?
The equilibrium quantity will decrease.

The equilibrium price will decrease.

The equilibrium price will increase.

The equilibrium quantity will increase.

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