Refer to the graph shown. Given the same supply elasticity, the burden of a 10 percent tax would be borne the most by the consumer in segment:
A) AB.
B) BC.
C) CD.
D) DE.

Question

Refer to the graph shown. Given the same supply elasticity, the burden of a 10 percent tax would be borne the most by the consumer in segment: 
A) AB. 
B) BC. 
C) CD. 
D) DE.

Quizplus · Accepted Answer

The Answer of Refer to the graph shown. Given the same supply elasticity, the burden of a 10 percent tax would be borne the most by the consumer in segment: 
A) AB. 
B) BC. 
C) CD. 
D) DE.

Refer to the Graph Shown