Business
Business, 30.03.2020 21:57, idontknowwhyiam

Suppose the supply of shaved ice is more elastic with respect to price in the long run than in the short run. All else equal we should expect that a tax on shaved ice Question 5 options: falls equally on buyers and sellers in the short run and in the long run. falls more on buyers in the short run than in the long run. falls more on sellers in the short run than in the long run. falls to the same degree on buyers in the short run as in the long run. falls equally on buyers and sellers in the short run but not the long run.

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