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Title: Good A has a perfectly inelastic demand and an upward-sloping supply curve. Good Post by: Lauren1 on Nov 11, 2014 Good A has a perfectly inelastic demand and an upward-sloping supply curve. Good B has a perfectly inelastic supply and a downward-sloping demand curve. If the same sales tax is imposed on the sellers of both good A and good B, the price paid by
A) buyers of good A rises by more than the price paid by buyers of good B. B) buyers of good B rises by more than the price paid by buyers of good A. C) buyers of good A rises by the same amount as the price paid by buyers of good B. D) More information is needed to determine whether the price paid by buyers of good A rises by more than, less than, or the same amount as the price paid by buyers of good B. Title: Re: Good A has a perfectly inelastic demand and an upward-sloping supply curve. Good Post by: MrDereche on Nov 14, 2014 Content hidden
Title: Re: Good A has a perfectly inelastic demand and an upward-sloping supply curve. Good Post by: Lauren1 on Nov 17, 2014 Thank you, this really, really helps :heart:
Title: Re: Good A has a perfectly inelastic demand and an upward-sloping supply curve. Good Post by: MrDereche on Nov 17, 2014 You're welcome!
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