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    Economics Principles and Policy Study Set 2
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    Exam 17: Taxation and Resource Allocation
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    The More Inelastic the Demand for a Product, the Larger
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The More Inelastic the Demand for a Product, the Larger

Question 121

Question 121

True/False

The more inelastic the demand for a product, the larger the share of the tax that will be paid by consumers.

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