2. Consider a perfectly inelastic supply curve at q demand curve at p 101. A tax...

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2. Consider a perfectly inelastic supply curve at q demand curve at p 101. A tax of $5 per unit is levied on consumers. Using a diagram, explain how the tax burden is shared between consumers and producers. What is the Deadweight Loss? (10% ) 1,013, and a perfectly elastic 2. Consider a perfectly inelastic supply curve at q demand curve at p 101. A tax of $5 per unit is levied on consumers. Using a diagram, explain how the tax burden is shared between consumers and producers. What is the Deadweight Loss? (10% ) 1,013, and a perfectly elastic