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Author Question: Using the above figure, which of the lines in the above diagram represents a regressive tax? A) A ... (Read 125 times)

Kthamas

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on: Jun 29, 2018
Using the above figure, which of the lines in the above diagram represents a regressive tax?
 
  A) A
  B) B
  C) C
  D) none of them

Question 2

Refer to the above table. Suppose Buyer 2 leaves the market. What is the new market quantity of DVDs demanded at a price of 10?
 
  A) 33
  B) 25
  C) 22
  D) 8


kkenney

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


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