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Suppose the tax on pizzas increase from $0.20 to $0.40. What impact with this increase have on the government's tax revenue? Selected answer will be
Suppose the tax on pizzas increase from $0.20 to $0.40. What impact with this increase have on the government's tax revenue? 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 on which is more elastic: demand or supply
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