Author Question: According to the ability-to-pay principle of taxation A) people in the same economic situation ... (Read 91 times)

fasfsadfdsfa · **on:** Jun 29, 2018

According to the ability-to-pay principle of taxation

A) people in the same economic situation should bear an equal share of the tax burden.
B) individuals who are willing to bear a greater share of the tax burden should be compensated with non-monetary benefits.
C) it is fair to expect a greater share of the tax burden to be borne by people who have a greater ability to pay.
D) individuals who receive the benefit of a good or service should bear a greater share of the tax burden.

Question 2

When plasma television sets were first introduced prices were high and few firms were in the market. Later, economic profits attracted new firms and the price of plasma televisions fell. This example illustrates

A) that consumers receive this new technology free of charge in the sense that they only have to pay a price for plasma televisions equal to the lowest production cost.
B) a decreasing-cost industry.
C) an industry with a low minimum efficient scale.
D) how fickle consumer demands are.

cswans24 · **Reply #1 on:** Jun 29, 2018

A FREE account is required to view all solutions!

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 25% of students answer this correctly