If the compensated demand for a single commodity is completely inelastic, the most socially desirable ad valorem

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If the compensated demand for a single commodity is completely inelastic, the most socially desirable ad valorem tax rate on this commodity will be higher than the tax rates on other commodities.

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Public Finance

ISBN: 978-1111526986

2nd edition

Authors: John E. Anderson

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Question Posted: Feb 12, 2016 06:03 AM

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If the compensated demand for a single commodity is completely inelastic, the most socially desirable ad valorem

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