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Question 104

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Use the following to answer question: Use the following to answer question: -(Figure: The Market for Lattes) Use Figure: The Market for Lattes.If the excise tax increases from $1.50 to $2.25 per latte,government revenue will _____ by _____. A) decrease;$150 B) decrease;$75 C) increase;$150 D) increase;$225
-(Figure: The Market for Lattes) Use Figure: The Market for Lattes.If the excise tax increases from $1.50 to $2.25 per latte,government revenue will _____ by _____.


A) decrease;$150
B) decrease;$75
C) increase;$150
D) increase;$225

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