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Given the Same Price Elasticity of Supply, Sellers Would Be

Question 83

Multiple Choice

Given the same price elasticity of supply, sellers would be able to pass along the smallest portion of a 10 percent tax on which item?


A) Beef with a price elasticity of demand of 0.62
B) Pork with a price elasticity of demand of 0.73
C) Chicken with a price elasticity of demand of 0.32
D) Fish with a price elasticity of demand of 0.12

Correct Answer:

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