The More Price-Elastic the Demand, the Larger the Increase in Tax

question 94

True/False

The more price-elastic the demand, the larger the increase in tax revenues resulting from a per-unit tax on a good.

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Definitions:

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A condition in a child resulting from alcohol exposure during the mother's pregnancy, causing growth problems, facial abnormalities, and cognitive deficits.

Intellectual Disability

A condition characterized by significant limitations in both intellectual functioning and in adaptive behavior, which covers a range of everyday social and practical skills.

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