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corie corie
wrote...
Posts: 767
7 years ago
Consider a good whose own price elasticity of demand is -0.5 and price elasticity of supply is 1.5. The fraction of a specific tax that will be passed through to consumers is ________.
A) 0
B) 0.25
C) 0.5
D) 0.75
E) 1
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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7 years ago
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