Economy, asked by keshavaggarwal2664, 5 months ago

two commodities a and b have linear supply curves and identical linear demand curves at equilibrium price elasticity supply for commodity a is greater but not of commodity b but elasticity of demand is the same if c tax of rupees t per unit is imposed on both commodities in which case will be burden be greater on the supplier explain with the help of diagram​

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Answered by joshithprasannaa
1

two commodities a and b have linear supply curves and identical linear demand curves at equilibrium price elasticity supply for commodity a is greater but not of commodity b but elasticity of demand is the same if c tax of rupees t per unit is imposed on both commodities in which case will be burden be greater on the supplier explain with the help of diagram

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