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IF THE TAX ELASTICITY OF SUPPLY IS 0.15, BY HOW MUCH WILL THE QUANTITY SUPPLIED INCREASE WHEN THE MARGINAL TAX RATE DECREASES FROM 40 TO

IF THE TAX ELASTICITY OF SUPPLY IS 0.15, BY HOW MUCH WILL THE QUANTITY SUPPLIED INCREASE WHEN THE MARGINAL TAX RATE DECREASES FROM 40 TO 36 PERCENT?

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