This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the government eliminates a tax on a good with a perfectly elastic supply, who benefits most? (Read 38 times)

mcmcdaniel

  • Hero Member
  • *****
  • Posts: 550
on: May 24, 2019
If the government eliminates a tax on a good with a perfectly elastic supply, who benefits most?
◦ buyers
◦ sellers
◦ buyers if the demand is also perfectly elastic, otherwise sellers
◦ buyers if the demand is unit elastic, otherwise sellers
◦ Buyers and sellers benefit equally.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

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

scottmt

  • Sr. Member
  • ****
  • Posts: 322
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.
Answer Preview
Only 56% of students answer this correctly


mcmcdaniel

  • Hero Member
  • *****
  • Posts: 550
Reply #2 on: May 24, 2019
Thanks


scottmt

  • Sr. Member
  • ****
  • Posts: 322
Reply #3 on: May 24, 2019
Welcome :)


« previous next »
 

Did you know?

The first-known contraceptive was crocodile dung, used in Egypt in 2000 BC. Condoms were also reportedly used, made of animal bladders or intestines.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

All adults should have their cholesterol levels checked once every 5 years. During 2009–2010, 69.4% of Americans age 20 and older reported having their cholesterol checked within the last five years.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

This graphic illustrates the original systems model of politics advanced by David Easton. Politics This graphic illustrates the original systems model of politics advanced by David Easton. Politics
Expected Benefits for ICD-10-CM Expected Benefits for ICD-10-CM
Good contact feels full, confident, and deliberate and establishes a warm connection between massage ... Good contact feels full, confident, and deliberate and establishes a warm connection between massage ...
Almonds and other nuts are also good sources of protein Almonds and other nuts are also good sources of protein
Who Oversees the Food Supply? Who Oversees the Food Supply?
Blood Supply to the Lungs Blood Supply to the Lungs
Video: Chemical Equilibrium between N2O4 (colorless gas) and NO2 (brown gas)

For a complete list of videos, visit our video library