Top Posters
Since Sunday
j
4
m
4
n
3
m
3
R
3
V
3
e
3
w
3
j
3
a
3
a
3
h
3
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
MrGrimey MrGrimey
wrote...
Go to Answer
Posts: 336
Rep: 4 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: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
Read 117 times
1 Reply
Replies
Answer verified by a subject expert
RumkoRumko
wrote...
#1
Posts: 279
Rep: 7 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

MrGrimey Author
wrote...

6 years ago
This helped my grade so much Perfect
Lawson1981
wrote...

Yesterday
Brilliant ツ
MAry1395
wrote...

2 hours ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1237 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 199
  
 184
  
 279
Your Opinion
How often do you eat-out per week?
Votes: 81
Previous poll results: Who will win the 2024 president election?