For what kind of preferences will the consumer be just as well-off facing a quantity tax as an income tax? A: Qusilinear utility function B: Cobb-Douglas utility function C: perfect substitutes D: perfect complements
For what kind of preferences will the consumer be just as well-off facing a quantity tax as an income tax? A: Qusilinear utility function B: Cobb-Douglas utility function C: perfect substitutes D: perfect complements
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