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TEF.08 If the elasticity of supply and the elasticity of demand for tomatoes were exactly the same, then a $1 tax on tomatoes would: Selected

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TEF.08 If the elasticity of supply and the elasticity of demand for tomatoes were exactly the same, then a $1 tax on tomatoes would: Selected answer will be automatically saved. For keyboard navigation, press up/ down arrow keys to select an answer. a result in the buyers and sellers each paying the full $1.00 of the tax. b cause the price the sellers receive to decrease by more than $0.50 c cause the price the buyers pay to increase by more than $0.50 d result in the buyer and seller each paying $0.50 of the tax

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