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Other Fields Homework Help Economics Topic started by: Costa on Jan 7, 2018



Title: If the supply of an item is perfectly elastic, the incidence of an excise tax:
Post by: Costa on Jan 7, 2018
If the supply of an item is perfectly elastic, the incidence of an excise tax:
A) falls entirely on producers
B) falls entirely on consumers
C) is shared equally between producers and consumers
D) is borne primarily by consumers; however, there is a minimal incidence accruing to producers


Title: Re: If the supply of an item is perfectly elastic, the incidence of an excise tax:
Post by: yameth on Jan 7, 2018
B