Question
When producer bears the cost of tax, what is the impact
on elasticity of demand and supply?Solution
If the demand for the commodity taxed is elastic, the tax will tend to be shifted to the producer but in case of inelastic demand, it will be largely borne by the consumer. In case of elastic supply, the burden will tend to be on the purchaser and in the case of inelastic supply on the producer. Covered in videos and study notes; snapshot from study notes of the ixamBee SEBI course 
Select the most appropriate meaning of the given idiom.
Back to square one       Â
It is the result of feeling blue for so long that has now started affecting his physical health also.
Which of the following statements correctly use the idiom ' pour oil on troubled waters' by substituting the highlighted words?
A. If you unneces...
In each of the following questions, an idiomatic expression/a proverb has been underlined – followed by four alternatives. Choose the one which best ...
Be glad to see the back of
Don't try to blow smoke , I know the facts very well.
"After months of struggling with the project, the team finally made significant progress and feels they are out of the woods. "
- In each question, five alternatives are given for the Idiom/Phrase given in bold in the sentence. Choose the alternative which best expresses the meaning o...
Spin your wheels
Select the most appropriate meaning of the given Idiom.
BECK AND CALL
