Perfectly Inelastic Supply Tax
Dec. 25, 2024
The supply of land is perfectly inelastic. Suppose a tax on the value of land (not counting the value of what is built on the land) is imposed. Evaluate the claim that If deadweight loss is dependent on elasticity, wouldn't the best tax be placed on products of perfectly inelastic supply? - Quora Show through a graph, and explain, who pays the tax burden when supply is perfectly inelastic, and perfectly elastic. | Homework.Study.com Perfectly Inelastic Supply Tax
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