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Loraine Loraine
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Posts: 4563
8 years ago
The graph shows the market for textbooks. If the government introduces a tax of $20 a textbook, then the price paid by buyers
A) increases by $20.
B) increases to $80 a textbook.
C) decreases to $60 a textbook.
D) is $70 a textbook.
E) does not change because the demand for textbooks is perfectly elastic.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
Read 188 times
1 Reply
Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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Top Poster
Posts: 3807
8 years ago
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Loraine Author
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Correct Slight Smile TY
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Good timing, thanks!
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Helped a lot
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