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Author Question: The demand for gasoline is inelastic and the supply of gasoline is elastic. Therefore, (Read 143 times)

melina_rosy

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on: May 24, 2019
The demand for gasoline is inelastic and the supply of gasoline is elastic. Therefore,
◦ sellers bear most of the incidence of a tax on gasoline.
◦ buyers bear most of the incidence of a tax on gasoline.
◦ the government bears most of the incidence of a tax on gasoline.
◦ the incidence of a tax on gasoline depends if the tax is imposed on sellers or on buyers.
◦ None of these answers is correct.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by melina_rosy on May 24, 2019

juliaf

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Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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melina_rosy

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Reply 2 on: May 24, 2019
Great answer, keep it coming :)

TheNamesImani

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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