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  3. Study Set
    Microeconomics A Contemporary Introduction Study Set 1
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    Exam 5: Appendix--Price Elasticity and Tax Incidence
  5. Question
    Exhibit 5-32 Refer to Exhibit 5-32
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Exhibit 5-32 Refer to Exhibit 5-32

Question 5

Question 5

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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