If government wishes to tax certain goods, it should tax goods that have inelastic rather than elastic

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If government wishes to tax certain goods, it should tax goods that have inelastic rather than elastic demand.” What is the rationale for this statement?

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Economics

ISBN: 978-1133561675

11th edition

Authors: Roger A. Arnold

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Question Posted: May 28, 2018 06:29 AM

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If government wishes to tax certain goods, it should tax goods that have inelastic rather than elastic

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The government can maximize tax re...View the full answer

Economics

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