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Author Question: Neither the demand nor the supply of sugar is perfectly elastic or inelastic. If the government ... (Read 154 times)

lindiwe

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on: May 24, 2019
Neither the demand nor the supply of sugar is perfectly elastic or inelastic. If the government imposes a 5 percent tax on sugar, the
◦ price of sugar buyers pay falls by 5 percent.
◦ price of sugar buyers pay increases by less then 5 percent.
◦ price of sugar buyers pay does not change.
◦ quantity of sugar increases.
◦ price of sugar buyers pay rises by 5 percent.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by lindiwe on May 24, 2019

Meganchabluk

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Reply #1 on: May 24, 2019
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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lindiwe

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Reply 2 on: May 24, 2019
Thanks for the timely response, appreciate it

matt95

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Reply 3 on: Yesterday
Wow, this really help

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