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    Economics Study Set 2
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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 93

Question 93

Multiple Choice

   -About how much of the tax is paid by consumers in the form of higher prices? A) 20 cents B) 50 cents C) $1 D) $4.85 E) $5
-About how much of the tax is paid by consumers in the form of higher prices?


A) 20 cents
B) 50 cents
C) $1
D) $4.85
E) $5

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