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    Microeconomics Study Set 30
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    Exam 5: Using Supply and Demand
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    Given a Downward Sloping Demand Curve, a Tax on the Supply
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Given a Downward Sloping Demand Curve, a Tax on the Supply

Question 23

Question 23

True/False

Given a downward sloping demand curve, a tax on the supply of a good will result in an increase in equilibrium price that is less than the amount of the tax.

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