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Demand curves tend to be more ________ over a shorter period of time. Question 3 options: price-inelastic flexible price-elastic flatterUnder an excise tax, the difference

Demand curves tend to be more ________ over a shorter period of time. Question 3 options: price-inelastic flexible price-elastic flatterUnder an excise tax, the difference between the price paid by the consumer and the price received by the producer is Question 4 options: Deadweight loss of the tax Per unit excise tax Consumer surplus Zero

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