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Title: Suppose the supply curve and the demand curve both have unitary elasticity at all prices. The price ... Post by: MrGrimey on Nov 12, 2017 Suppose the supply curve and the demand curve both have unitary elasticity at all prices. The price increase to consumers resulting from a specific tax of $1 imposed on sellers will be
A) $1. B) 50 cents. C) zero. D) Impossible to calculate without knowing the slope of the supply curve. Title: Re: Suppose the supply curve and the demand curve both have unitary elasticity at all prices. The ... Post by: Rumko on Nov 12, 2017 Content hidden
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