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Business, 10.11.2020 16:20 william1690

The supply of apartments in New York City is inelastic, and the demand for apartments is elastic. The city introduces a tax on apartment rentals. The more the demand and the more the supply of apartments, the larger is the share of the tax paid by the landlord.

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The supply of apartments in New York City is inelastic, and the demand for apartments is elastic. Th...

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