Answered

Westonci.ca offers quick and accurate answers to your questions. Join our community and get the insights you need today. Experience the ease of finding reliable answers to your questions from a vast community of knowledgeable experts. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.

A certain product has supply elasticity 0.4 and demand elasticity 2.7. If a tax were placed on the product, what is most likely to happen

Sagot :

Answer:

Sellers will bear more of the tax burden.

Explanation:

Thanks for stopping by. We strive to provide the best answers for all your questions. See you again soon. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Get the answers you need at Westonci.ca. Stay informed by returning for our latest expert advice.