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Which of the following should be expected if the tax for a certain good increases? Multiple Choice O the composition of the commodity bundle is
Which of the following should be expected if the tax for a certain good increases? Multiple Choice O the composition of the commodity bundle is distorted. O the composition of the commodity bundle is distorted and the price of the good increases. O price of the good increases. O the budget line pivots out.Points on the same utility curve are Multiple Choice O points where the person is indifferent between bundles on the line. O points where utility is maximized. O known as "points of light." O never possible
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