Green et al.? (2005) estimate that the demand elasticity is minus−0.47 and the? long-run supply elasticity is 12.0 for almonds. The corresponding elasticities are minus−0.68 and 0.73 for cotton and minus−0.26 and 0.64 for processing tomatoes.
If the government were to apply a specific tax to each of these? commodities, what incidence would fall on? consumers?
The incidence of a specific almond tax that would fall on consumers is nothing___percent. ?(Enter numeric responses using real numbers rounded to one decimal? place.)