producer is inelastic, they will produce the same quantity no matter the price. because the consumer is elastic, the consumer is very sensitive to price. a small increase in price leads to a large drop in the quantity demanded. the imposition of the tax causes the market price to increase from p without...
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to text content and some other images posted to the wikihow website. this image may not be used by other entities without the express written consent of wikihow, inc. "} mix the potato slices with the cream mixture. once you've sliced all of the potatoes and put them in the bowl, slowly pour the warm...