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A local government is looking to collect maximum in tax revenue by imposing taxes. Which taxes would most likely minimize the effect of the tax
A local government is looking to collect maximum in tax revenue by imposing taxes. Which taxes would most likely minimize the effect of the tax on quantity demanded and maximize tax revenue? A) 10% tax on bus fares. C) A 10% tax on luxury cars. B) A 10% tax on fresh vegetables. D) A per capita tax
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