This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: The ratio of the burden of the tax borne by demanders to the burden born by suppliers will be equal ... (Read 49 times)

sabina

  • Hero Member
  • *****
  • Posts: 563
on: Jul 1, 2018
The ratio of the burden of the tax borne by demanders to the burden born by suppliers will be equal to the sum of the absolute values of the slopes of the demand curve and the supply curve.
 
  a. True b. False

Question 2

In the long-run equilibrium in perfect competition, consumer surplus is
 
  A) positive.
  B) negative.
  C) zero.
  D) less than producer surplus.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

kardosa007

  • Sr. Member
  • ****
  • Posts: 300
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

A


sabina

  • Member
  • Posts: 563
Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review

parker125

  • Member
  • Posts: 332
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Mendel's breeding program that produced a 9 : 3 : 3 : 1 ratio Mendel's breeding program that produced a 9 : 3 : 3 : 1 ratio
Punnett square illustrating the genotypes underlying a 9 : 3 : 3 : 1 ratio Punnett square illustrating the genotypes underlying a 9 : 3 : 3 : 1 ratio
Percentage of Foreign-Born Whites and Native Whites of Foreign or Mixed Parentage in Total Populatio Percentage of Foreign-Born Whites and Native Whites of Foreign or Mixed Parentage in Total Populatio
Pressure testing the cooling system. A typical hand-operated pressure tester applies pressure equal ... Pressure testing the cooling system. A typical hand-operated pressure tester applies pressure equal ...
Use the information in the above table to establish a Born-Haber cycle to determine the ... Use the information in the above table to establish a Born-Haber cycle to determine the ...
Male to Female Sex Ratio at Birth vs. PCB Concentration in Maternal Serum Male to Female Sex Ratio at Birth vs. PCB Concentration in Maternal Serum
Video: Embryonic development - Weeks 5 to 8

For a complete list of videos, visit our video library