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    Exam 6: Elasticities
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    Given an Upward Sloping Supply Curve,the More Inelastic Is Demand,the
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Given an Upward Sloping Supply Curve,the More Inelastic Is Demand,the

Question 200

Question 200

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Given an upward sloping supply curve,the more inelastic is demand,the greater the fraction of the burden of taxation that is borne by the consumer.

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