subject
Business, 18.09.2019 02:30 jvanegas6797

The challenge solution says that a gas tax is roughly equally shared by consumers and firms in the long run. what can you say about the elasticities of supply and demand ? if the consumer incidence of a gas tax is roughly equal to the burden of the tax for firms in the long run, then a. the elasticities of supply and demand are roughly equally elastic. b. the elasticity of demand is almost zero and the elasticity of supply is almost infinite. c. the elasticity of demand is almost zero and the elasticity of supply is almost unitary. d. the elasticities of supply and demand are both almost zero. e. the elasticities of supply and demand are both positive.

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 14:50
Pederson company reported the following: manufacturing costs $480,000 units manufactured 8,000 units sold 7,500 units sold for $90 per unit beginning inventory 2,000 units what is the average manufacturing cost per unit? (round the answer to the nearest dollar.)
Answers: 3
question
Business, 23.06.2019 03:00
Predict how the price of athletic shorts would change if schools banned their use
Answers: 2
question
Business, 23.06.2019 04:50
Can someone me with general journal entry on this? ?
Answers: 3
question
Business, 23.06.2019 08:00
In a high school with 3000 students, counselors are putting together a math tutoring program for the neighboring middle school. they plan to invite high school students with high average test scores to tutor middle school students, and they would like to offer gift cards to the student tutors. the counselors have a spreadsheet showing each student’s average test scores, and in order to find out how many gift cards they should purchase, the counselors need to count how many students would qualify to become tutors. which type of function would best the counselors determine the number of eligible students?
Answers: 3
You know the right answer?
The challenge solution says that a gas tax is roughly equally shared by consumers and firms in the l...
Questions
question
Mathematics, 17.11.2020 23:40
question
English, 17.11.2020 23:40
question
Mathematics, 17.11.2020 23:40
question
Mathematics, 17.11.2020 23:40
Questions on the website: 13722363