There is a pre-tax price of 5 cents per ounce on sugary


There is a pre-tax price of 5 cents per ounce on sugary beverages and they are imposing an excise tax of 1 cent an ounce. The per capita consumption is 100 ounces. Price elasticity is -1.2. What is the post tax per capita consumption?

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Business Economics: There is a pre-tax price of 5 cents per ounce on sugary
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