A tax imposed on a market with an inelastic demand

  1. A tax imposed on a market with an inelastic demand and an elastic supply with cause:A)sellers to pay the majority of the tax
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  2. A large increase in gas prices creates a demand for cars with good gas mileage. It takes months for car companys to make these
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  3. A tax imposed on a maket with an inelastic demand and an elastic supply will cause:a)sellers to pay the majority of the tax
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  4. is the horizontal demand curve for a firm in perfectly competitive market structure implies demand is perfectly inelastic?why??
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  5. The horizontal demand curve for a fim in perfectly competitive market structure impliesA. The firm must reduce price to sale
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  6. Supply is Demand isScenario A elastic elastic Scenario B elastic inelastic Scenario C inelastic elastic Scenario D inelastic
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  7. How does the concept of demand elasticity contribute to a business's pricing strategy?1.It encourages lower prices for inelastic
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  8. How does the concept of demand elasticity contribute to a business's pricing strategy?It encourages lower 1 prices for inelastic
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  9. 18) The demand equation is x + 1/6p - 10+0.Compute the elasticity of demand and determine whether the demand is elastic,
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  10. 18) The demand equation is x + 1/6p - 10+0.Compute the elasticity of demand and determine whether the demand is elastic,
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