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Author Question: The graph shows the market for textbooks. If the government introduces a tax of $20 a textbook, then ... (Read 119 times)

frankwu

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on: May 24, 2019


The graph shows the market for textbooks. If the government introduces a tax of $20 a textbook, then the price paid by buyers
◦ increases by $20.
◦ increases to $80 a textbook.
◦ decreases to $60 a textbook.
◦ is $70 a textbook.
◦ does not change because the demand for textbooks is perfectly elastic.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by frankwu on May 24, 2019

Bison

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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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frankwu

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Reply #2 on: May 24, 2019
Thank you!


Bison

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Reply #3 on: May 24, 2019
Always glad to help...


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