The tax on a commodity is diminished by 20% and its consumption incre – McqOptions

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1.	The tax on a commodity is diminished by 20% and its consumption increased by 15%. The effect on revenue is_________?
A.	It increases by 8%
B.	It decreases by 8%
C.	No change in revenue
D.	It increases by 10%
E.	None
Answer» C. No change in revenue

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