Question 18 4.16 pts Suppose that we are in the salt market and the government implements an excise tax on salt. The price elasticity of demand for salt equals
2(E_(0)-2)
and the price elasticity of supply for salt equals 1 (
L_(4)=1
). What is the portion of the tax that consumers wil be burdened with? Is this realistic given the maket we are in?

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Question 18 4.16 pts Suppose that we are in the salt market and the government implements an excise tax on salt. The price elasticity of demand for salt equals

2(E_(0)-2)

and the price elasticity of supply for salt equals 1 (

L_(4)=1

). What is the portion of the tax that consumers wil be burdened with? Is this realistic given the maket we are in?

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