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1.So, if there is a per-unit tax on a good with relatively inelastic demand, this would result in: a. less tax revenue than if demand
1.So, if there is a per-unit tax on a good with relatively inelastic demand, this would result in:
a. less tax revenue than if demand were to be elastic
b. more deadweight loss than if demand were to be elastic
c.a higher tax burden on consumers than on producers
d.a lower tax burden on consumers than on producers
e. Indeterminate
f.what could be seen as a tax burden that is equally distributed between consumers and producers
2.Analyze the graph below and answer the question that follows:
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