Question
Given constant elasticity, when the elasticity of demand is 1.5 and the elasticity of supply is 0.8, at what rate Is tax revenue maximized?
Given constant elasticity, when the elasticity of demand is 1.5 and the elasticity of supply is 0.8, at what rate Is tax revenue maximized?
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Mathematics for Economics and Business
Authors: Ian Jacques
9th edition
129219166X, 9781292191706 , 978-1292191669
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