Texas A&M University (TAMU) ECON202 Practice Exam 2 Flash Cards

Unlock All Questions

Unlock All Questions

Question: 1 / 20

In Foodieland, if the demand for chocolate is perfectly inelastic, what happens when a tax is imposed?

?

The tax burden will fall entirely on buyers

Subscribe

Get the latest from Passetra

You can unsubscribe at any time. Read our privacy policy