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Julli [10]
3 years ago
11

The government decided to reduce taxes on fast-food to increase revenue. The government assumes that fast-food products have a.

​An elastic demand b. ​Unitary elastic demand curve c. ​An inelastic demand d. ​A demand curve that is upward sloping
Business
1 answer:
AveGali [126]3 years ago
3 0

Answer:

option (a) An elastic demand

Explanation:

This is when taxes are reduced on fast food , the prices will decrease and people will patronize more ,and with this  the demand is elastic, people would consume more which increases the revenue.

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Answer:

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