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Economics (AS & A Level) · Oct / Nov 2025 · Paper 13 · Question 13

9708Methods and effects of government intervention in markets

Assuming demand is price elastic, what will rise the most if an indirect tax is removed?

  1. Aconsumer expenditures
  2. Bprice of the product
  3. Cproducers’ revenues
  4. Dtax receipts

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Correct answer: C. producers’ revenues

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