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    Exam 5: Appendix: price Elasticity and Tax Incidence
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    Exhibit 5-32 -Refer to Exhibit 5-32. the Revenue Generated by the $12.50
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Exhibit 5-32 -Refer to Exhibit 5-32. the Revenue Generated by the $12.50

Question 24

Question 24

Multiple Choice

Exhibit 5-32 Exhibit 5-32   -Refer to Exhibit 5-32. The revenue generated by the $12.50 tax is: A)  $12.50 B)  $25.00 C)  $37.50 D)  $62.60 E)  $87.50
-Refer to Exhibit 5-32. The revenue generated by the $12.50 tax is:


A) $12.50
B) $25.00
C) $37.50
D) $62.60
E) $87.50

Correct Answer:

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