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  3. Study Set
    Principles of Economics Study Set 8
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    Exam 8: Applications: The Costs of Taxation
  5. Question
    Figure 8-9 ​
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Figure 8-9 ​

Question 93

Question 93

Essay

Figure 8-9
​
Figure 8-9 ​    ​ -Refer to Figure 8-9. Suppose the government increases the size of the tax on this good from $4 per unit to $6 per unit. Will the tax revenue collected from the tax increase, decrease, or stay the same? ​
-Refer to Figure 8-9. Suppose the government increases the size of the tax on this good from $4 per unit to $6 per unit. Will the tax revenue collected from the tax increase, decrease, or stay the same?

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