Discuss why is it unlikely that a firm would sell at a price


1. Discuss why do you think that whenever the government wants to increase their revenue they usually decide to increase the tax on items such as gas, tobacco products and/or alcohol?

2. Discuss why is it unlikely that a firm would sell at a price where its demand curve happens to be price inelastic?

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Macroeconomics: Discuss why is it unlikely that a firm would sell at a price
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