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  3. Study Set
    Economics Study Set 2
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    Exam 18: The Price Elasticities of Demand and Supply
  5. Question
    When a Tax Is Lowered This Will
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When a Tax Is Lowered This Will

Question 224

Question 224

Multiple Choice

When a tax is lowered this will


A) raise both demand and supply.
B) lower both demand and supply.
C) lower only supply.
D) raise only supply.

Correct Answer:

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