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    Economics for Today Study Set 1
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    Exam 6: Elasticity of Demand and Supply
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    Applying Supply and Demand Analysis, with Other Factors Held Constant
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Applying Supply and Demand Analysis, with Other Factors Held Constant

Question 9

Question 9

True/False

Applying supply and demand analysis, with other factors held constant, the steeper the supply curve (more inelastic), the larger the burden of a sales tax that is borne by the sellers.

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