This topic contains a solution. Click here to go to the answer

Author Question: Suppose the demand for barley is perfectly elastic. The supply curve of barley is upward sloping. If ... (Read 138 times)

sc00by25

  • Hero Member
  • *****
  • Posts: 596
Suppose the demand for barley is perfectly elastic. The supply curve of barley is upward sloping. If a tax is imposed on barley,
◦ barley sellers pay the entire tax.
◦ barley buyers pay the entire tax.
◦ the government pays the entire tax.
◦ the tax is split evenly between barley buyers and sellers.
◦ who pays the tax depends on whether the government imposes the tax on barley sellers or on barley buyers.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by sc00by25 on May 24, 2019

maaaaaaaaaa

  • Sr. Member
  • ****
  • Posts: 336
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.
Answer Preview
Only 50% of students answer this correctly




sc00by25

  • Member
  • Posts: 596
Reply 2 on: May 24, 2019
Thanks for the timely response, appreciate it


yeungji

  • Member
  • Posts: 319
Reply 3 on: Yesterday
Excellent

 

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

Medications that are definitely not safe to take when breastfeeding include radioactive drugs, antimetabolites, some cancer (chemotherapy) agents, bromocriptine, ergotamine, methotrexate, and cyclosporine.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

For a complete list of videos, visit our video library