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(Figure) the Graph Depicts a Market with a Supply Tax

Question 135

Multiple Choice

(Figure) The graph depicts a market with a supply tax. Using the equilibrium prices and quantities before and after the tax, the price elasticity of demand is _____. Use the midpoint method to calculate your answers.
(Figure)  The graph depicts a market with a supply tax. Using the equilibrium prices and quantities before and after the tax, the price elasticity of demand is _____. Use the midpoint method to calculate your answers.   A)  0.45 B)  1.8 C)  2.2 D)  1.01


A) 0.45
B) 1.8
C) 2.2
D) 1.01

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