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    Economics For Today Study Set 3
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    Exam 5: Price Elasticity of Demand and Supply
  5. Question
    As Shown in Exhibit 3-10, the $1 Per Pack Tax
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As Shown in Exhibit 3-10, the $1 Per Pack Tax

Question 76

Question 76

Multiple Choice

As shown in Exhibit 3-10, the $1 per pack tax on cigarettes raises tax revenue per day totaling:​


A) ​$5 million.
B) ​$6 million.
C) $10 million.
D) ​$15 million.

Correct Answer:

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