Solved

-To Help Pay for the Cost of Sport Related Injuries

Question 247

Multiple Choice

  -To help pay for the cost of sport related injuries, the government imposes a tax on sellers of all sports equipment. The sport equipment producers' share of this tax would be greater than shown in the above figure if A)  the demand was more elastic. B)  the demand was more inelastic. C)  the supply was more elastic. D)  Both answers A and C are correct.
-To help pay for the cost of sport related injuries, the government imposes a tax on sellers of all sports equipment. The sport equipment producers' share of this tax would be greater than shown in the above figure if


A) the demand was more elastic.
B) the demand was more inelastic.
C) the supply was more elastic.
D) Both answers A and C are correct.

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