Question
When producer bears the cost of tax, what is the impact
on elasticity of demand and supply?Solution
If the demand for the commodity taxed is elastic, the tax will tend to be shifted to the producer but in case of inelastic demand, it will be largely borne by the consumer. In case of elastic supply, the burden will tend to be on the purchaser and in the case of inelastic supply on the producer. Covered in videos and study notes; snapshot from study notes of the ixamBee SEBI course 
11.99% of 199.99 ÷ 8.17 = ? ÷ 14.15
72.8% of (215.69 + 189.38) - 5.97² + (3.01 of 7.8) = ? of (64.02 - 38.95)
739.85 + 5003 ÷ 24.99 × 69.999 = ?
If the length of one side of a rhombus is 16cm then find its surface area. (use √ 3 = 1.732)
79.79% of 299.87 - 54.67% of (39.982 - 9.822 ) = ? - 19.92 × 199.98
What approximate value will come in place of the question mark (?) in the following question?(Note: You are not expected to calculate the exact value.)<...
- What approximate value will come in place of the question mark (?) in the following question? (Note: You are not expected to calculate the exact value.)
32.052- 22.03 x 24.199 - 15.18 x 11.04 = ?
A wire is bent to form a square whose sides are of 132 cm. If the same wire is bent to form a circle, then find the area (in cm2) of the circ...
(? + 6.063.03 ) ÷ 10.08 + 21.89 × 6.97 = 1979.97 ÷ 10.96
