The more willing suppliers are to substitute away from a taxed good,_____.
A) the larger the proportion of the tax paid by demanders
B) the smaller the proportion of the tax paid by demanders
C) the greater the increase in output will be
D) a and c
Correct Answer:
Verified
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
Q13: The fact that the Social Security tax
Q14: _occurs when the burden of a tax
Q15: Assume a unit tax of $4 is
Q16: A fifty cent tax imposed on a
Q17: The welfare cost of taxation _.
A)occurs because
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