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Other Fields Homework Help Economics Topic started by: corie on Oct 25, 2017



Title: Consider a good whose own price elasticity of demand is -0.5 and price elasticity of supply is 1.5. ...
Post by: corie on Oct 25, 2017
Consider a good whose own price elasticity of demand is -0.5 and price elasticity of supply is 1.5. The fraction of a specific tax that will be passed through to consumers is ________.
A) 0
B) 0.25
C) 0.5
D) 0.75
E) 1


Title: Re: Consider a good whose own price elasticity of demand is -0.5 and price elasticity of supply is ...
Post by: LBCea on Oct 25, 2017
D