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Suppose the government imposes a $ 2 5 excise tax on televisions and collects the tax from suppliers, the price of televisions will: increase by

Suppose the government imposes a $

25

excise tax on televisions and collects the tax from suppliers, the price of televisions will:

increase by less than $

25 .

increase, but we cannot ditermine by how much.

increase by more than $

25 .

increase by $

25 .

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