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nakungth nakungth
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7 years ago
Consider a good whose own price elasticity of demand is -1.5 and price elasticity of supply is 0.5.  The fraction of a specific tax that is borne by producers is ________.
A) 0
B) 0.25
C) 0.5
D) 0.75
E) 1
Textbook 
Microeconomics

Microeconomics


Edition: 8th
Author:
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boransalboransal
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7 years ago
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nakungth Author
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#2
6 years ago
Thank you!
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