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Assume that medical expenditures are fully deductible from taxes. Show diagrammatically the eff ect on the demand for medical services. If the elasticity of demand

Assume that medical expenditures are fully deductible from taxes. Show diagrammatically the eff ect on the demand for medical services. If the elasticity of demand with respect to price is 0.7, what is the eff ect of deductibility on an individual in the 15 percent marginal tax bracket; in the 28 percent marginal tax bracket; in the 40 percent marginal tax bracket

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