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Suppose instead that Demand was perfectly inelastic and the market still cleared, absent any tax, at $0.90 and 2000. What is the new demand (consumer/market)
Suppose instead that Demand was perfectlyinelasticand the market still cleared, absent any tax, at $0.90 and 2000.
What is the new demand (consumer/market) price?
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Macroeconomics Principles and Applications
Authors: Robert E. Hall, Marc Lieberman
6th edition
1111822352, 1111822354, 9781133708742 , 978-1111822354
