A. elastic
B. inelastic
C. unitary elastic
D. perfectly elastic
Correct Answer:
Option B – inelastic
Government revenue will increase if tax is imposed on a good whose demand is?
Products
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Computer Based Information System
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Computer Classification and Information
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Operations Management Problems
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Payback and NPV Analysis
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Linear Programming
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.