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Author Question: Suppose the local government places a sales tax on hotel rooms and that the demand for these rooms ... (Read 1289 times)

Kikoku

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on: Jun 29, 2018
Suppose the local government places a sales tax on hotel rooms and that the demand for these rooms is elastic while the supply is perfectly inelastic. The tax incidence is such that the tax will be paid by
 
  A) only the consumers.
  B) equally by the consumers and the producers.
  C) only the producers.
  D) the taxpayers.

Question 2

Dumping occurs when a foreign firm sells its exports at a lower price than it costs to produce them.
 
  Indicate whether the statement is true or false
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
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johnharpe

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Reply #1 on: Jun 29, 2018
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.
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Kikoku

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

mammy1697

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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