Assume that a product has the following three stages of production: 
If the value-added tax (VAT) rate is 15%,what would be the VAT over all stages of production?
Definitions:
Point p
Point p could refer to a specific point on a graph or model in economics, representing a particular state or value in the given context.
Price Elasticity
A measure that shows the responsiveness of the quantity demanded of a good to a change in its price.
Cucumbers
A long, green, cylindrical vegetable widely used in salads and pickling, known for its crisp texture and refreshing taste.
Inverse Demand Function
A mathematical function that expresses the price of a good or service as a function of the quantity demanded, illustrating how price can depend on demand.
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