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3 weeks ago
If demand is inelastic, and the government decides to raise the tax on water. Then the price for water will increase by a ________ amount and water consumers will bear a ________ share of the tax.

▸ small; large

▸ large; large

▸ large; small

▸ small; small
Textbook 
Microeconomics: Principles, Applications, and Tools
Edition: 8th
Authors:
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wrote...
Posts: 224
3 weeks ago
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large; large
1
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wrote...
3 weeks ago
Thank you, thank you, thank you!
wrote...
3 weeks ago
You're welcome
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