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Author Question: Suppose the demand for specialty car license plates is perfectly inelastic and the supply curve for ... (Read 44 times)

Coya19@aol.com

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on: May 24, 2019
Suppose the demand for specialty car license plates is perfectly inelastic and the supply curve for specialty license plates is upward sloping. A tax is imposed on specialty license plates. Which of the following is true?
◦ Drivers pay the smallest share of the tax.
◦ Drivers pay none of the tax.
◦ Drivers pay all of the tax.
◦ The government pays all of the tax.
◦ The government collects nothing in tax revenues.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by Coya19@aol.com on May 24, 2019

Heffejeff

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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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Coya19@aol.com

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

juliaf

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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