Top Posters
Since Sunday
6
s
3
3
d
3
s
2
c
2
G
2
y
2
t
2
2
k
2
j
2
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Mairoon Mairoon
wrote...
Go to Answer
Posts: 850
Rep: 0 0
6 years ago
If the demand curve for a good is unit price elastic and the supply curve is perfectly price elastic, a $1 specific tax imposed on the sellers of this good will
A) shift the supply curve up vertically by $1.
B) shift the demand curve down vertically by $1.
C) not raise price at all.
D) cause price to increase but by less than $1.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 75 times
2 Replies
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

Mairoon Author
wrote...
#2
5 years ago
Great answer, great website
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  955 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 327
  
 353
  
 356
Your Opinion
Who will win the 2024 president election?
Votes: 10
Closes: November 4
Previous poll results: Where do you get your textbooks?