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Business, 29.10.2019 05:31 Meiyuh1

Atax targeted to reduce consumption of a good by a specific quantity will raise the most revenue when:

a. both supply and demand are inelastic.

b. supply is inelastic and demand is elastic.

c. supply is elastic and demand is inelastic.

d. both supply and demand are elastic.

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Answers: 3

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Atax targeted to reduce consumption of a good by a specific quantity will raise the most revenue whe...
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