Suppose that the average household in a state consumes 500


Suppose that the average household in a state consumes 500 gallons of gasoline a year. A 10 cent tax per gallon of gasoline is introduced, and couples are given a $50 annual tax rebate per household. Will the household be better or worse off after the new program is introduced? Use a well annoyed graph in your explanation. (Think if this in terms of a Slushy pivot.)

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Business Economics: Suppose that the average household in a state consumes 500
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