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

Question 36

Multiple Choice

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

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

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