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If demand for a product is perfectly inelastic, a tax of $1 per unit imposed on sellers will

drw92

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11 months ago

If demand for a product is perfectly inelastic, a tax of $1 per unit imposed on sellers will

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not affect the market price of the product.

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cause the market price to rise by $1 per unit.

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cause the market price to decline by $1 per unit.

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cause the market price to rise by less than $1 per unit.

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none of the above

Textbook

Economics

Edition: 12^th

Author: Arnold

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patriciakim08

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11 months ago

More solutions for this book are available here

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drw92 Author

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11 months ago

Smart ... Thanks!

hannahspillett

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