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1.2.9 Indirect taxes and subsidies

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Question 9

Annotate the diagram below to show the effect of introducing a specific indirect tax on the market for non-recyclable plastic packaging on the market equilibrium price and quantity.

Demand and supply diagram representing the market for non-recyclable plastic packaging

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1.2.9 Indirect taxes and subsidies Questions

  1. A Level
  2. /Economics
  3. /1.2.9 Indirect taxes and subsidies