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An ad valorem tax: O is a fixed dollar amount that must be paid on each unit bought or sold. is a tax that is

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An ad valorem tax: O is a fixed dollar amount that must be paid on each unit bought or sold. is a tax that is stated as a percentage of the good's price. is a tax that is stated as a percentage of the good's price, which increases as quantity bought increases. O is a tax that is only paid by producers

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