20 perfectly inelastic demand 200 d 100 quantity

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Unformatted text preview: ousands of doses per day) (thousands Sales Tax and the Elasticity of Demand Elasticity Price includign tax(cents per pen) S + tax S 1.00 Seller pays entire tax Perfectly elastic demand 0.90 1 4 Quantity (thousands of marker pens per week) Sales Tax and the Sales Elasticity of Supply Price incl. tax (dollars per bottle) S 50 Seller pays entire tax Perfectly Perfectly inelastic inelastic supply 45 D 100 Quantity (thousands of bottles per week) Price incl. tax (cents per pound) Sales Tax and the Sales Elasticity of Supply Perfectly Elas...
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This document was uploaded on 03/13/2014.

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