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Explain why the price elasticity of demand determines the incidence of a commodity tax levied on the supplier? Explain why a tax on alcohol


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  2. Explain why the price elasticity of demand determines the incidence of a commodity tax levied on the supplier?
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  4. Explain why a tax on alcohol may have a deleterious impact on the families of alcohol abusers?
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Answer The price elasticity of demand measures how sensitive consumers are to changes in the price of a product It is calculated as the percentage ... blur-text-image

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