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| Teaching Since: | May 2017 |
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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Suppose a tax is imposed on a good with a perfectly elastic supply curve. a. Who pays the tax? b. Using demand and supply curves, show how much tax is collected. c. How would this tax revenue change if the supply curve becomes less elastic?
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