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3. The price elasticity of demand for beer among young adults (age 18 to 24) is about 1.30, and the number of highway deaths is

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3. The price elasticity of demand for beer among young adults (age 18 to 24) is about 1.30, and the number of highway deaths is roughly proportional to the group's beer consumption. If a state imposes a beer tax that increases the price of beer by 20%, by how much will the number of highway deaths among young adults decrease? ANS

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