Government is advised to tax goods whose demand curves are inelastic if the goal is to raise

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Government is advised to tax goods whose demand curves are inelastic if the goal is to raise tax revenues. If the goal is to discourage consumption, then it ought to tax goods whose demand curves are elastic. Explain.

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Principles of Economics

ISBN: 978-1285064437

7th edition

Authors: Fred M. Gottheil

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Question Posted: Apr 21, 2015 09:30 AM

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Government is advised to tax goods whose demand curves are inelastic if the goal is to raise

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Principles of Economics

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