Question
A decrease in the elasticity of supply or demand in a market for a good that is taxed would tend to _______________ tax revenue
A decrease in the elasticity of supply or demand in a market for a good that is taxed would tend to _______________ tax revenue from that tax and deadweight loss from that tax. O decrease; have no effect on O increase; have no effect on increase; increase. O increase; decrease decrease; decrease
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Exploring Economics
Authors: Robert L Sexton
5th Edition
978-1439040249, 1439040249
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