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Mathematics, 30.10.2021 21:20 brandyjune9546

The state of Florida is considering putting an excise tax on either good X or good Y. An economist discovers the supply of good X is more elastic than the supply of good Y, while the demand elasticities are identical. Which good should Florida tax in order to minimize the deadweight loss of the tax?

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The state of Florida is considering putting an excise tax on either good X or good Y. An economist d...
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