The price of a good will not be affected by the imposition of a sales…

Economics JAMB 1999

The price of a good will not be affected by the imposition of a sales tax on it if the?

  • supply is inelastic
  • demand is inelastic
  • supply is perfectly elastic
  • demand is perfectly elastic checkmark

The correct answer is: D

Explanation

No official explanation is available for this question at this time. Please check contributions posted by others below. If you can provide an explanation to help other student learn.
Previous Question Next Question

Leave A Comment