How knowledge of price elasticity of demands magnitude can be of use to a government contemplating a commodity tax?
1
Expert's answer
2017-02-24T15:06:05-0500
the price elasticity is very important, especially in the implementation of government taxes. And the main feature is the price elasticity decreasing demand for goods subject to a price increase for goods. Exactly this relationship is important in shaping the level of taxes.
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!
Comments
Leave a comment