Call us 24/7: + 1(925)399 0085

Get your paper done by an expert

No matter what kind of academic paper you need, it is simple and secure to hire an essay writer for a price you can afford at StudyAcer. Save more time for yourself.

WhatsApp + 1(925)399 0085
$ 10
free
  • bibliography
  • title page
  • revisions
per page
19 k happy customers
4.7 out of 5 satisfaction rate
27 writers active

| Elasticity Essay

The statement about inelastic demand is a very pertinent account, and it happens to be quite obvious as well. Inelastic demand would mean that prices and demand for a particular commodity would be directly proportional to each other. They would be inversely proportional in case of elastic demand.

The Prime example of such commodities would be gold, especially in India today. It has hit an all time high, but consumers are bent on buying more and more of gold. They are seen investing in various gold schemes as well. Fair amount of surcharge in the form of tax is necessary here as only the higher income group gets affected.

The share market also faces similar trend of inelastic demand. When prices of shares for certain companies go up, brokers dive into purchasing more of the same in speculation of further rise in prices. This results in great demand. Such transactions should be heavily taxed in order to avoid these malpractices. Also, some vendors hoard certain perishable items like potatoes and onions in order to hike up the demand as well as the prices.

The above scenario paints a dull picture of the economy; as a result, the government should tax such items in order to make it fair to all. This would also ensure that hoarding of essential items is brought under control.

The Government should pull up their socks and tax for sure; however, it should tax hard where there are enough cushions to absorb the impact. The middle class continues to bear the maximum brunt of taxation; thus, the corporate sector, especially the men folk, has to pay too high taxes. Thus, it has become very difficult for them to make ends meet. So, the rationale here is clear.

Our guarantees

Study Acers provides students with tutoring and help them save time, and excel in their courses. Students LOVE us!No matter what kind of essay paper you need, it is simple and secure to hire an essay writer for a price you can afford at StudyAcers. Save more time for yourself. Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more

Our Homework Writing Disciplines

With a highly diverse team in almost all academic fields including: