Suppose the federal tax on gasoline increased by 5 cents per gallon. Do you think that such

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Suppose the federal tax on gasoline increased by 5 cents per gallon. Do you think that such in increase, reflected in the price of gasoline, would have a significant impact on gasoline consumption?

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Managerial Economics

ISBN: 978-0133020267

7th edition

Authors: Paul Keat, Philip K Young, Steve Erfle

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Question Posted: Jun 20, 2016 12:28 AM

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Suppose the federal tax on gasoline increased by 5 cents per gallon. Do you think that such

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A fivecent increase probably did not affect consumption of gas...View the full answer

Managerial Economics

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