If a sales tax is imposed on food,who is likely to pay most of the tax?
A) mostly the buyer
B) mostly the seller
C) neither the seller nor the buyer
D) the buyer and the seller equally
E) The burden of the tax depends on the size of the tax.
Correct Answer:
Verified
Q72: Use the figure below to answer the
Q73: The buyer pays most of a tax
Q74: Use the figure below to answer the
Q75: Use the figure below to answer the
Q76: Use the figure below to answer the
Q78: Use the figure below to answer the
Q79: Use the figure below to answer the
Q80: The buyer pays most of a tax
Q81: A subsidy is a
A)tax imposed by the
Q82: An effective production quota
A)increases the marginal social
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