The government of byngia has introduced a new tax on, Business Economics

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The government of byngia has introduced a new tax on

The government of Byngia has introduced a new tax on airline travel. Byngia has two types of travelers, business travelers and leisure travelers. Business travelers in Byngia have an elasticity of -1.2, while Byngian leisure travelers have an elasticity of -3.0. Airlines can price discriminate among these groups. Which type of traveler will bear the larger burden of the tax? Explain.

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Business Economics: The government of byngia has introduced a new tax on

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