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14 Dec 2017
25. Now the tax continues, but we move into the long run. The fraction of the tax that falls on consumers (buyers) in the long run will be: A) O B) 1/8 C) 1/4 D) 1/3 E) 1/2 F) 2/3 G) 3/4 H) 4/5 I) 7/8 J) 1
25. Now the tax continues, but we move into the long run. The fraction of the tax that falls on consumers (buyers) in the long run will be: A) O B) 1/8 C) 1/4 D) 1/3 E) 1/2 F) 2/3 G) 3/4 H) 4/5 I) 7/8 J) 1
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