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The DWL from a tax will be smaller when a product has Group of answer choices few complements. many substitutes. few substitutes. an elastic demand.
The DWL from a tax will be smaller when a product has Group of answer choices few complements. many substitutes. few substitutes. an elastic demand. an elastic supply
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Microeconomics An Intuitive Approach with Calculus
Authors: Thomas Nechyba
1st edition
538453257, 978-0538453257
