question archive If a tax of 72 cents is put on a unit and the price was initially $2 with the elasticity of demand = -0
If a tax of 72 cents is put on a unit and the price was initially $2 with the elasticity of demand = -0
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If a tax of 72 cents is put on a unit and the price was initially $2 with the elasticity of demand = -0.5 while the elasticity of supply is 2.0, what will happen to the price of the unit paid by consumers?
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