WAEC - Economics (2018 - No. 36)
in order to increase revenue, government should tax commodities for which demand is?
perfectly price inelastic
price inelastic
price elastic
unitary elastic
Giải thích
An economic situation in which the price of a product will have no effect on the supply. In a perfectly inelastic situation regardless of the amount of a product on the market, the price of the product remains the same.