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    Principles of Economics Study Set 12
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    Exam 14: Taxes, Transfers, and Income Distribution
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    The More Price-Elastic the Demand, the Greater the Portion Paid
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The More Price-Elastic the Demand, the Greater the Portion Paid

Question 54

Question 54

True/False

The more price-elastic the demand, the greater the portion paid by producers for a per-unit tax on a good.

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