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    Principles of Economics Study Set 8
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    Exam 8: Applications: The Costs of Taxation
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    When Demand Is Relatively Elastic, the Deadweight Loss of a Tax
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When Demand Is Relatively Elastic, the Deadweight Loss of a Tax

Question 69

Question 69

True/False

When demand is relatively elastic, the deadweight loss of a tax is larger than when demand is relatively inelastic.

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