garzacon8085 garzacon8085
  • 08-03-2024
  • Business
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If the demand for a product is perfectly elastic and supply is upward sloping, a $1 excise tax per unit on suppliers will:
A) Not raise price at all.
B) Lower price by $1.
C) Raise price by more than $1.
D) Raise price by exactly $1.

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