Top Posters
Since Sunday
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Llanis Llanis
wrote...
Go to Answer
Posts: 626
Rep: 0 0
6 years ago
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.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 70 times
1 Reply
Replies
Answer verified by a subject expert
LBCeaLBCea
wrote...
#1
Top Poster
Posts: 1248
Rep: 10 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

Llanis Author
wrote...

6 years ago
Correct Slight Smile TY
mambah4
wrote...

Yesterday
This calls for a celebration Person Raising Both Hands in Celebration
jaray75
wrote...

2 hours ago
Smart ... Thanks!
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1313 People Browsing
 111 Signed Up Today
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 878
  
 5141
  
 237