Given the same supply elasticity, the burden of a 10 percent tax on suppliers would be greatest on consumers within what price range? $$\begin{array} { | c | c | }
\hline \text { Price } & \text { Quantity } \
\hline \$ 2.00 & 26 \
\hline 4.00 & 22 \
\hline 6.00 & 18 \
\hline \mathbf { 8 . 0 0 } & 14 \
\hline 10.00 & 10 \
\hline
\end{array}$$
A) $2 and $4.
B) $4 and $6
C) $6 and $8
D) $8 and $10

Question

Given the same supply elasticity, the burden of a 10 percent tax on suppliers would be greatest on consumers within what price range? $$\begin{array} { | c | c | } 
\hline \text { Price } & \text { Quantity } \
\hline \$ 2.00 & 26 \
\hline 4.00 & 22 \
\hline 6.00 & 18 \
\hline \mathbf { 8 . 0 0 } & 14 \
\hline 10.00 & 10 \
\hline
\end{array}$$
A) $2 and $4.
B) $4 and $6
C) $6 and $8
D) $8 and $10

Quizplus · Accepted Answer

The Answer of Given the same supply elasticity, the burden of a 10 percent tax on suppliers would be greatest on consumers within what price range? $$\begin{array} { | c | c | } 
\hline \text { Price } & \text { Quantity } \
\hline \$ 2.00 & 26 \
\hline 4.00 & 22 \
\hline 6.00 & 18 \
\hline \mathbf { 8 . 0 0 } & 14 \
\hline 10.00 & 10 \
\hline
\end{array}$$
A) $2 and $4.
B) $4 and $6
C) $6 and $8
D) $8 and $10

Given the Same Supply Elasticity, the Burden of a 10