What proportion of a small per unit tax will be paid

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Reference no: EM133365017

Question: Suppose at the market equilibrium, price elasticity of supply is 5/9 and price elasticity of demand is 10/9. Approximately what proportion of a small per unit tax will be paid by consumers?

Reference no: EM133365017

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What proportion of a small per unit tax will be paid : Suppose at the market equilibrium, price elasticity of supply is 5/9 and price elasticity of demand is 10/9. Approximately what proportion of a small per unit

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