menu
QAmmunity.org
Login
Register
My account
Edit my Profile
Private messages
My favorites
Register
Ask a Question
Questions
Unanswered
Tags
Categories
Ask a Question
Who will bear the incidence of the tax? suppose the government imposes a tax on three products with differing demand elasticities. match the product to the group that will most likely bear the tax incidence?
asked
Aug 7, 2019
200k
views
1
vote
Who will bear the incidence of the tax? suppose the government imposes a tax on three products with differing demand elasticities. match the product to the group that will most likely bear the tax incidence?
Business
college
IgNite
asked
by
IgNite
7.0k
points
answer
comment
share this
share
0 Comments
Please
log in
or
register
to add a comment.
Please
log in
or
register
to answer this question.
1
Answer
7
votes
If the price elasticity of demand is inelastic, then the incidence of tax will be greater on consumers, as producers can shift most of the tax on them by raising prices. Whereas if it was elastic, then it would be producers.
PRAJIN PRAKASH
answered
Aug 13, 2019
by
PRAJIN PRAKASH
7.3k
points
ask related question
comment
share this
0 Comments
Please
log in
or
register
to add a comment.
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.
7.6m
questions
10.2m
answers
Other Questions
Who was Adam Smith ? Anybody?
In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
What is the best way to describe a stock market?
You sell popcorn during your schools football games. Knowing that the people usually buy more when the price is lower, how would you price your popcorn after halftime?
Twitter
WhatsApp
Facebook
Reddit
LinkedIn
Email
Link Copied!
Copy
Search QAmmunity.org