isaiah110 isaiah110
  • 07-01-2024
  • Business
contestada

In an economy, if the inverse demand function is represented as P = abQ and the inverse supply function as P = cdQ, where P denotes price and Q represents quantity, the incidence of a specific tax per unit falling on consumers can be calculated by:
a) a−b
b) c−d
c) b−c
d) a+d

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