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Suppose the tax on milk is raised from $0.10 to $0.20 per litre. What impact will this increase have on the tax's deadweight loss? Selected

Suppose the tax on milk is raised from $0.10 to $0.20 per litre. What impact will this increase have on the tax's deadweight loss? Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a It rises by less than 100% b It rises by more than 100% c It rises by exactly 100% d It depends which is more elastic: demand or supply

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