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please answer this 2 Government should earn more revenue from Y than X The elasticity of demand for pizza is -20 and the elasticity of
please answer this 2
Government should earn more revenue from Y than X The elasticity of demand for pizza is -20 and the elasticity of supply is 3.0. Consider that Bangladesh government imposes tay 20 taka per pizza (producer) to increase revenue. Which of the following options are valid? Producer's burden will be 7 and 10 Both parties will have the same tax incidence Consumer's burden will lie between 10 to 15 Producer's burden will be 6 Consumer's burden will be 12 This is a required question Which of the following is related to the issue public finance? Subsidy is not a part of fiscal policy Every policy of the public finance must have a trade-off between equity and efficiency Public finance deals both fiscal and monetary policy issues Public finance discuss only expenditure policy of the government Tax always ensure the equity implication of public finance Allocation of public expenditure might helpful to increase equity This is a requiredStep by Step Solution
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