This topic contains a solution. Click here to go to the answer

Author Question: Consider a public good such as fire protection services. Rich people may benefit more than the poor ... (Read 56 times)

saliriagwu

  • Hero Member
  • *****
  • Posts: 537
Consider a public good such as fire protection services. Rich people may benefit more than the poor from such a service because rich people stand to lose more from a fire that destroys property. In this case
 
  A) the benefits-received principle may support the rich paying more taxes than the poor, but not the ability-to-pay principle.
  B) the ability-to-pay principle may support the rich paying more taxes than the poor, but not the benefits-received principle.
  C) neither the benefits-received nor the ability-to-pay principles may support the rich paying more taxes than the poor.
  D) both the benefits-received and the ability-to-pay principles may support the rich paying more taxes than the poor.

Question 2

Refer to Figure 16-3. Which group of customers is likely to have a more elastic demand curve (more sensitive to price)?
 
  A) the customers from The Chateaumarket A
  B) There is no difference in the elasticity of demand between the two groups.
  C) There is insufficient information to answer this question.
  D) the other residents of the neighborhoodmarket B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kishoreddi

  • Sr. Member
  • ****
  • Posts: 329
    • Your online Help in Biology and chemistry
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 35% of students answer this correctly




saliriagwu

  • Member
  • Posts: 537
Reply 2 on: Jun 29, 2018
:D TYSM


cam1229

  • Member
  • Posts: 329
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

Did you know?

Cyanide works by making the human body unable to use oxygen.

For a complete list of videos, visit our video library