107 727
Assignments Done
100%
Successfully Done
In April 2024
In April 2024
Your physics assignments can be a real challenge, and the due date can be really close — feel free to use our assistance and get the desired result.
Physics
Be sure that math assignments completed by our experts will be error-free and done according to your instructions specified in the submitted order form.
Math
Our experts will gladly share their knowledge and help you with programming projects. Keep up with the world’s newest programming trends.
Programming
Answer to Question #52344 in Microeconomics for lawrence
Question #52344
What is the effect of a $ 1 specific tax on equilibrium price and quantity if the demand is perfectly inelastic?
Expert's answer
If demand is perfectly inelastic, then the quantity demanded will be the same at any price, so there will be no effect of a $1 specific tax on equilibrium quantity, but equilibrium price will rise by $1 due to increase in taxes.
Learn more about our help with Assignments: Microeconomics
Finding a professional expert in "partial differential equations" in the advanced level is difficult.
You can find this expert in "Assignmentexpert.com" with confidence.
Exceptional experts! I appreciate your help. God bless you!
#340153 on Dec 2023
#340153 on Dec 2023
Comments
Leave a comment