What is the incidence on consumers

Reference no: EM131346805

What is the effect of a $1 specific tax on equilibrium price and quantity if supply is perfectly inelastic? What is the incidence on consumers? Explain.

Reference no: EM131346805

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What is the incidence on consumers : What is the effect of a $1 specific tax on equilibrium price and quantity if supply is perfectly inelastic? What is the incidence on consumers? Explain.

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