What is the effect of a tax by all countries on oil, Microeconomics

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What is the effect of a tax by all countries on oil

Problem

Assume that the supply of oil is inelastic. What is the effect of a tax by all countries on oil? Does it reduce oil consumption? Assume that only Switzerland imposes a tax on oil. What happens to world oil consumption? To Swiss oil consumption?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: What is the effect of a tax by all countries on oil

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Microeconomics: What is the effect of a tax by all countries on oil

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