Is this new demand curve more or less elastic

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Reference no: EM131072510

Redo the previous question with the demand curve replaced by P = 26-(2/3)Q

(a) Is this new demand curve more or less elastic than the original at the equilibrium?

(b) What do you note about the relative magnitudes of the DWL and tax revenue estimates here, relative to the previous question?

Reference no: EM131072510

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