The kind of mouse on the right in the accompanying figure is motion-sensing. What kind of mouse is this?
Definitions:
Incidence
Refers to the impact or burden of a tax, how it is distributed among various participants in the market.
Price Elasticity of Supply
A measure of how much the quantity supplied of a good responds to a change in the price of that good, quantitatively defined as the percentage change in quantity supplied divided by the percentage change in price.
Incidence
The allocation or impact of a tax or policy on the economic activities or welfare of different groups in society.
Elastic
Describes a situation in which the quantity demanded or supplied of a good or service is highly responsive to changes in price.
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