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coolcat coolcat
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5 years ago
Given the slope of a supply curve, if a demand curve becomes more price elastic:

▸ consumers pay the entire amount of a tax.

▸ the share of a tax consumers take becomes greater.

▸ the share of a tax consumers take becomes smaller.

▸ There is not sufficient information.
Textbook 
Microeconomics: Principles, Applications, and Tools

Microeconomics: Principles, Applications, and Tools


Edition: 8th
Authors:
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tlastertlaster
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5 years ago
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coolcat Author
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#2
5 years ago
Thank you
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