Governor white wants to increase sales taxes to bring in, Ask an Expert

Economics

Governor White wants to increase sales taxes to bring in required revenue to support state operations. He is looking at taxing various goods and services. Will the state tax revenue be greater if the state imposes a sales tax on goods where the price elasticity of demand = .9, or 1.5? Why?

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Microeconomics, Economics

Category:- Microeconomics
Reference No.:- M91225761

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