Liuhan Huang
Posts: 3
Joined: Sep 28,2017

Fri Mar 30,2018 03:26 PM

Is diesel cars elastic or inelastic or unit elastic? The case is UK decided to increase tax of diesel cars on April 2018.
Sky
Posts: 3
Joined: Sep 9,2017

Sat Mar 31,2018 09:27 PM

Definitely not unit elastic. You can consider arguments for the other two

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