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Business, 14.05.2021 22:00 teed0ll9

explain why consumers end up paying most of an added tax on a product with a predictable, inelastic demand (such as gasoline) while companies often pay most of an added tax on a product with a variable, elastic demand (such as luxury watches​

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Over the past decade, brands that were once available only to the wealthy have created more affordable product extensions, giving a far broader range of consumers a taste of the good life. jaguar, for instance, launched its x-type sedan, which starts at $30,000 and is meant for the "almost rich" consumer who aspires to live in luxury. by marketing to people who desire a luxurious lifestyle, jaguar is using:
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