Top Posters
Since Sunday
y
2
m
2
m
2
u
2
m
2
B
2
M
2
e
2
k
2
N
2
y
2
m
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
twylla01 twylla01
wrote...
Go to Answer
Posts: 319
Rep: 29 0
6 years ago
If the government places a $0.50 tax on an item for which demand is perfectly elastic
A) the entire tax will be paid by the consumer.
B) the tax will be split equally between the consumer and producer, with each paying exactly $0.25.
C) most of the tax will be paid by the consumer.
D) the entire tax will be paid by the producer.
Textbook 
Economics Today: The Micro View

Economics Today: The Micro View


Edition: 19th
Author:
Read 51 times
1 Reply
Replies
Answer verified by a subject expert
veronee_madisonveronee_madison
wrote...
#1
Posts: 121
Rep: 49 0
6 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

twylla01 Author
wrote...

6 years ago
This helped my grade so much Perfect
Alina01978
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
kaytee23
wrote...

2 hours ago
this is exactly what I needed
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  453 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 743
  
 1036
  
 715
Your Opinion
Who will win the 2024 president election?
Votes: 119
Closes: November 4
Previous poll results: What's your favorite math subject?