Economics (Irwin Economics)
Economics (Irwin Economics)
21st Edition
ISBN: 9781259723223
Author: Campbell R. McConnell, Stanley L. Brue, Sean Masaki Flynn Dr.
Publisher: McGraw-Hill Education
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Chapter 22, Problem 1P

Subpart (a):

To determine

the percentage change in the quantity and the percentage change in the price.

Subpart (b):

To determine

The price change and the new price level.

Subpart (c):

To determine

Change in quantity demanded and the change due to tax.

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