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Author Question: The supply of sand is perfectly inelastic and the demand curve for sand is downward sloping. Hence, ... (Read 15 times)

809779

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on: May 24, 2019
The supply of sand is perfectly inelastic and the demand curve for sand is downward sloping. Hence, if a tax on sand is imposed,
◦ sand buyers pay the entire tax.
◦ sand sellers pay the entire tax.
◦ the tax is split evenly between the buyers and sellers.
◦ the government pays the entire tax.
◦ the government collects no tax revenue because the supply is perfectly inelastic.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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Marked as best answer by 809779 on May 24, 2019

atrochim

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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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809779

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Reply #2 on: May 24, 2019
Thank you!


atrochim

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Reply #3 on: May 24, 2019
Always glad to help...


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