Suppose the market for cigarette is competitive. An economist estimates the price elasticity of demand and supply for cigarette are -0.8 and 0.7 respectively.  Suppose the government imposes a per-unit tax of $45 on the cigarette sellers. By how much would buyers share the tax burden respectively? Show your calculation.

The elasticity of demand for home computers is -2.5, the elasticity of demand for business computers is -.90, and the elasticity of supply for computers for both purposes is 1. a. A per-unit tax of $200 is imposed on the suppliers of computers. How much does the gross price increase in each market? [Hint: first find the tax incidence/shares.] b. Suppose the untaxed market equilibrium price and quantity in the home computer market are $850 and 10 million, respectively. In the business market, the untaxed market equilibrium price and quantity are $1200 and 15 million, respectively. What is the deadweight loss of the $200 tax? Answer part B please! Hand written asap

The equilibrium price of a good is $9. The demand for this good is more elastic than the supply. Suppose the government introduces a tax on the good. In this case, the price paid by consumers is $13, and the price received by producers is 3.25 times less. Calculate the tax cost per good for the group bearing most of the tax burden

If the burden of a tax on sugary drinks is borne mostly by consumers, it must be the case that: a)  The demand for sugary drinks is much less elastic than their supply. b)  Both the demand for, and the supply of, sugary drinks is inelastic. c)  Both the demand for, and the supply of, sugary drinks is elastic. d)  The demand for sugary drinks is much more elastic than their supply.