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    Exam 3: Applying the Supply-And-Demand Model
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    In the Case of a Specific Tax the Resulting Price
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In the Case of a Specific Tax the Resulting Price

Question 118

Question 118

Multiple Choice

In the case of a specific tax the resulting price received by producers depends on


A) who pays the tax.
B) the price elasticity of supply.
C) the price elasticity of demand.
D) All of the above.

Correct Answer:

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