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Business, 26.07.2019 01:40 jabraeshaw
The tax
a. makes the demand for land more elastic and the supply of land less elastic
b. decreases the equilibrium quantity of land below the efficient level and creates a deadweight loss
c. decreases the equilibrium quantity of land below the efficient level and eliminates the deadweight loss
d. leaves the equilibrium quantity of land unchanged, so the market is efficient
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Answers: 1
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You know the right answer?
The tax
a. makes the demand for land more elastic and the supply of land less elastic
...
a. makes the demand for land more elastic and the supply of land less elastic
...
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