8
answers
0
watching
736
views

if a tax is imposed on a good with a perfectly elastic supply, the burden of the tax will be borne:

a) by consumers alone

b) by producers alone

c) mostly by consumers but perfectly producers

d) mostly by producers but perfectly by consumers

e)by both equally

For unlimited access to Homework Help, a Homework+ subscription is required.

Unlock all answers

Get 1 free homework help answer.
Already have an account? Log in
Already have an account? Log in
Already have an account? Log in
Already have an account? Log in
Already have an account? Log in
Already have an account? Log in
Already have an account? Log in
Insha Fatima
Insha FatimaLv10
28 Sep 2019
Already have an account? Log in
Start filling in the gaps now
Log in