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Essentials of Economics 7th Edition by Gregory Mankiw
Edition 7ISBN: 978-1285165950Essentials of Economics 7th Edition by Gregory Mankiw
Edition 7ISBN: 978-1285165950 Exercise 10
If a policymaker wants to raise revenue by taxing goods while minimizing the deadweight losses, he should look for goods with __________ elasticities of demand and __________ elasticities of supply.
A) small, small
B) small, large
C) large, small
D) large, large
A) small, small
B) small, large
C) large, small
D) large, large
Explanation
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Verified
A policymaker wants to increase the gove...
Essentials of Economics 7th Edition by Gregory Mankiw
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