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A(n)________ in the Elasticity of Supply or Demand in a Market

Question 67

Multiple Choice

A(n) ________ in the elasticity of supply or demand in a market for a good that is taxed would tend to ________ deadweight loss from that tax.

A) decrease; increase
B) increase; decrease
C) increase; have no effect on
D) decrease; have no effect on
E) increase; increase

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