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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 Tax Burden Borne by Producers
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Exhibit 5-32 -Refer to Exhibit 5-32. the Tax Burden Borne by Producers

Question 21

Question 21

Multiple Choice

Exhibit 5-32 Exhibit 5-32   -Refer to Exhibit 5-32. The tax burden borne by producers is: A)  $5.50 B)  $9.50 C)  $14.50 D)  $19.50 E)  $20.50
-Refer to Exhibit 5-32. The tax burden borne by producers is:


A) $5.50
B) $9.50
C) $14.50
D) $19.50
E) $20.50

Correct Answer:

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