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Assume a robot tax is implemented as a per unit tax per robot and the tax is statutorily imposed on the producers of robots. a.
Assume a robot tax is implemented as a per unit tax per robot and the tax is statutorily imposed on the producers of robots. a. Would a per unit robot tax be able to achieve both of the stated goals of the tax? Explain in words and graphically. b. How does the price elasticity of demand for robots affect the ability of the tax to achieve each of the goals? In other words, does the ability to achieve goals 1) and 2) vary with the price elasticity of demand? Explain in words and graphically
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