Which advisor should the feldspar government listen to

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Reference no: EM131200063

Schmeezle and Schmoozle are two advisors for the government of Feldspar. Schmeezle says that because the elasticity of demand for granite countertops is -3, and the elasticity of demand for sinks is 21.5, taxes should be raised entirely from granite countertops. Schmoozle argues that it is better to levy taxes on both goods anyway.

Which advisor should the Feldspar government listen to? Why?

Reference no: EM131200063

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