Legislators are indifferent about placing a unit tax on the suppliers of a good or the demanders.If a tax is placed on the suppliers of the good _____
A) suppliers will pay the entire tax
B) suppliers will pay more than if the tax were initially placed on the demanders
C) suppliers will pay exactly what they would pay if the tax were initially placed on the demanders
D) suppliers will pay less than if the tax were initially placed on the demanders
Correct Answer:
Verified
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
Q6: Excise taxes _.
A)can be ad valorem taxes
B)can
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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