Excise taxes _____.
A) can be ad valorem taxes
B) can be unit taxes
C) are taxes placed on particular types of goods
D) all of the above
E) b and c
Correct Answer:
Verified
Q1: Legislators are indifferent about placing a unit
Q2: If the supply curve is perfectly inelastic,_
A)any
Q3: When a unit tax is placed on
Q4: If the demand curve is perfectly inelastic,_.
A)suppliers
Q5: The more elastic the supply curve,_.
A)the greater
Q7: When a unit tax is placed on
Q8: Since demanders of a good are concerned
Q9: Ad valorem taxes _.
A)are based on the
Q10: When a unit tax is placed on
Q11: The ratio of the burden of the
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