Grays company has inventory of 27 units at a cost of 8 each on august 1. On august 3, it purchased 37 units at 9 each. 29 units are sold on august using the fifo perpetual inventory method what amount will be reported as cost of goods sold for the 29 units that were sold

Both the size of the deadweight loss from a tax and the tax incidence;

Increase would be the word you are looking for.

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