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Business, 09.10.2019 02:30 jeremymcdonaldorlh0s
Situation a: when a $10 per unit tax is imposed on the producer of bippies (a candy), the equilibrium price increases by $4.situation b: when a $10 per unit tax is imposed on the producer of bippies, the equilibrium price increases by $2. based on the two situations above, bippies in situation a has a elastic supply or has a elastic demand that exists in situation b. a. more; moreb. more; lessc. less; lessd. less; more
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Situation a: when a $10 per unit tax is imposed on the producer of bippies (a candy), the equilibri...
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