abew190 abew190
  • 03-07-2021
  • Business
contestada

A certain product has supply elasticity 0.4 and demand elasticity 2.7. If a tax were placed on the product, what is most likely to happen

Respuesta :

ewomazinoade ewomazinoade
  • 04-07-2021

Answer:

Sellers will bear more of the tax burden.

Explanation:

Answer Link

Otras preguntas

What is the formula for the volume of a cuboid?
what is the answer to this question -√(12)+5√(75)
what is perpendicular to y= 3x -9 and passes through the point (3,1)
what percentage of 1457 is 898?
What long-term effect do you think EU membership will have on nationalism in Europe? Explain.
If you multiply a number by five and then subtract negative ten, the difference is negative thirty. What is the number?
Alex makes ceramic bowls to sell at a monthly craft fair in a nearby city. Every month, she spends $50 on materials for the bowls from a local art store. At the
The sum of a number and 18 times its reciprocal is 11. Find the number(s). Let x represent the unknown number. The Reciprocal of x is____?
how do I solve this proportion?
would you rather be a senator or a representative member? why or why not?