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Author Question: An excise tax on gasoline causes A) supply of gasoline to shift to the left. B) a reduction in ... (Read 126 times)

lak

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on: Jun 29, 2018
An excise tax on gasoline causes
 
  A) supply of gasoline to shift to the left.
  B) a reduction in the quantity of gasoline demanded.
  C) the market clearing price of gasoline to rise.
  D) All of the above are correct.

Question 2

What is the difference between a normal good and an inferior good? How does this relate to the demand curve?
 
  What will be an ideal response?
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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shaquita

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Reply #1 on: Jun 29, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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lak

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

sultana.d

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Reply 3 on: Yesterday
Wow, this really help

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