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Author Question: Suppose the demand for peaches from South Carolina is perfectly elastic. If the supply curve is ... (Read 272 times)

Alainaaa8

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Suppose the demand for peaches from South Carolina is perfectly elastic. If the supply curve is upward sloping and a tax is imposed on peaches from South Carolina, then
◦ peach sellers pay all of the tax.
◦ peach buyers pay all of the tax.
◦ peach buyers and sellers evenly split the tax.
◦ the government does not collect any revenue from the tax.
◦ the tax does not change the equilibrium quantity of peaches.


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Marked as best answer by Alainaaa8 on May 24, 2019

sylvia

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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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