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jhaygood86 jhaygood86
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7 years ago
If the price of a product is not affected by a sales tax
A) supply is perfectly inelastic.
B) supply is perfectly elastic.
C) demand is perfectly inelastic.
D) elasticity of supply is greater than elasticity of demand.
E) elasticity of demand is greater than elasticity of supply.
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Microeconomics for Life: Smart Choices for You

Microeconomics for Life: Smart Choices for You


Edition: 2nd
Author:
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martrekmartrek
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7 years ago
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