Who hires the managers of a corporation?

In Great Britain, raising taxes on gasoline has increased the costs of supplying gasoline. As a result, the equilibrium quantity of gasoline ________, and the equilibrium price of gasoline ________

A) increases; rises B) increases; falls C) decreases; rises D) decreases; falls E) does not change; rises

________ taxes are paid by a buyer as a percentage of the market price of an item

A) Sales B) Wealth C) Payroll D) Property