The diagram above explains the effect of government’s imposition of an indirect tax on a…

Economics JAMB 1995

The diagram above explains the effect of government’s imposition of an indirect tax on a good characterized by zero price elasticity of demand. The total tax revenue is represented by

  • P1EHPo checkmark
  • PoHQo0
  • P1EQo0O
  • P1ED1Po

The correct answer is: A

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