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Author Question: A tax on income from land in Montana is borne entirely by landowners because the (Read 51 times)

JMatthes

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A tax on income from land in Montana is borne entirely by landowners because the
◦ demand for land is perfectly inelastic.
◦ supply of land is perfectly inelastic.
◦ supply of land is perfectly elastic.
◦ demand for land is perfectly elastic.
◦ deadweight loss from the tax would otherwise be infinite.


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Marked as best answer by JMatthes on May 24, 2019

ASDFGJLO

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JMatthes

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ASDFGJLO

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