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Unformatted text preview: -it doesnt matter whether the tax is on the buyer or seller-The net price to the buyer is the same-The net price to the seller is the same (net price: taken tax into consideration)-What we discovered in our experiment is a general result...
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This note was uploaded on 06/03/2009 for the course ECON ECON 1 taught by Professor Crouch during the Spring '09 term at UCSB.
- Spring '09