Business
Business, 29.08.2019 20:30, chelsea73

Is bus service supply perfectly inelastic?

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Business, 26.08.2019 20:10, allanarayos5597
The price of coffee fell sharply last month, while the quantity sold remained the same. five people suggest various explanations: rajiv: demand decreased, but it was perfectly inelastic.simone: demand decreased, but supply was perfectly inelastic.yakov: demand decreased, but supply increased at the same time.ana: supply increased, but demand was perfectly inelastic.charles: supply increased, but demand was unit elastic.who could possibly be right? check all that apply. rajiv simone yakov ana charles
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Business, 19.10.2019 04:30, boogerbuttday
For each of the following statements, indicate whether it is true or false for a country that exports a good abroad. statement true false the greater the elasticity of supply, the greater the gains from trade. if supply is perfectly inelastic, the fall in consumer surplus would exceed the rise in producer surplus. producers can still benefit from trade even if supply is perfectly inelastic.
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Business, 06.11.2019 00:31, haleymoodie1998
Producers bear the entire incidence of a tax when: a. demand is perfectly elastic. b. supply is perfectly elastic. c. demand and supply are equally elastic. d. demand is perfectly inelastic. e. supply is perfectly inelastic.
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