question archive If a new tax policy raises the tax rate 2% but causes the output supplied to fill by 20%, what is the absolute value of the tax elasticity of supply? A) 0
If a new tax policy raises the tax rate 2% but causes the output supplied to fill by 20%, what is the absolute value of the tax elasticity of supply? A) 0
Subject:EconomicsPrice:2.88 Bought3
If a new tax policy raises the tax rate 2% but causes the output supplied to fill by 20%, what is the absolute value of the tax elasticity of supply?
A) 0.2
B) 4.0
C) 40.0
D) 10.0
