In the table above, which case has the lowest relative price for ...

[awywial]

In the table above, which case has the lowest relative price for a hamburger?
 
  A) case A
  B) case B
  C) case C
  D) All three cases have an equal relative price for a hamburger.

Question 2

If a tax is imposed in a market in which demand is perfectly inelastic
 
  A) the buyers pay the entire tax.
  B) the sellers pay the entire tax.
  C) the buyers and the sellers both pay a portion of the tax.
  D) neither the buyer nor the seller pays the tax.

[britb2u]

Answer to Question 1

A

Answer to Question 2

A