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    Understanding Modern Economics
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    Exam 4: Consumer Decision Making and Consumer Reaction to Price Changes  
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    Why Does the Price Elasticity of Demand Play a Role
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Why Does the Price Elasticity of Demand Play a Role

Question 120

Question 120

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Why does the price elasticity of demand play a role in determining how much revenue the government collects from a per-unit tax imposed on a consumption good?

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Because it will determine how ...

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