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ECN 361 Topic 3 DQ 1 & 2 Participation & Responses (Package Deal)
ECN 361 Topic 3 DQ 1 & 2 Participation & Responses (Package Deal)
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ECN 361 Topic 3 DQ 1 Participation & Responses
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Topic 3 DQ 1: Consider the market for white athletic socks, which consumers consider to be identical products. If the demand is very elastic and the supply is very inelastic, how would the burden of a new tax on athletic socks be shared between consumers and producers? What if the situation were r...
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Add to cartTopic 3 DQ 1: Consider the market for white athletic socks, which consumers consider to be identical products. If the demand is very elastic and the supply is very inelastic, how would the burden of a new tax on athletic socks be shared between consumers and producers? What if the situation were r...
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ECN 361 Topic 3 DQ 2 Participation & Responses
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Topic 3 DQ 2: Does the United States' labor supply tend to be more elastic or more inelastic? Explain the competing theories discussed in the textbook. Which seems more convincing to you?Explain your answer.
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Add to cartTopic 3 DQ 2: Does the United States' labor supply tend to be more elastic or more inelastic? Explain the competing theories discussed in the textbook. Which seems more convincing to you?Explain your answer.
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