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Question 27 Not yet answered Marked out of 1.00 17 Flag question Question 28 Not yet answered Marked out of 1.00 17 Flag question Question 29 Not yet answered Marked out of 1.00 \\7 Flag question Assume that the supply of forest products is relatively inelastic and the supply of coffee is relatively elastic. According to this statement, suppose both forest products and coffee have the same percentage tax applied to them, the fall in quantity supplied of forest products will be: 0 a. less than the fall in quantity supplied of coffee 0 b. more than the fall in quantity supplied of coffee 0 c. either more or less than the fall in quantity supplied of coffee, depending on the elasticity of demand 0 d. equal to the fall in quantity supplied of coffee The greater the social pressure for mothers to be housekeepers and stay out of the labour force the: O a. less elastic the supply of labour 0 b. more elastic the supply of labour 0 c. atter the labour supply curve 0 d. greater the reduction in output caused by a tax on labour If the government tripled the taxes on new cameras, the deadweight loss from the camera tax would: 0 a. increase by less than triple O b. more than triple O c. be unchanged 0 d. triple
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