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MrGrimey MrGrimey
wrote...
Posts: 336
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6 years ago
If the government decides to levy an ad valorem tax on product with a perfectly inelastic supply. The consumers tax incidence will be
A) 0.
B) 1.
C) .5.
D) Cannot be determined.
Textbook 
Microeconomics: Theory and Applications with Calculus

Microeconomics: Theory and Applications with Calculus


Edition: 4th
Author:
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6 years ago
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