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    Exam 18: The Price Elasticities of Demand and Supply
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    -About How Much of the Tax Is Paid by Consumers
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-About How Much of the Tax Is Paid by Consumers

Question 177

Question 177

Multiple Choice

  -About how much of the tax is paid by consumers in the form of higher prices? A) 2 cents B) 8 cents C) 12 cents D) 18 cents E) 20 cents
-About how much of the tax is paid by consumers in the form of higher prices?


A) 2 cents
B) 8 cents
C) 12 cents
D) 18 cents
E) 20 cents

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