Author Question: Consider a public good such as fire protection services. Rich people may benefit more than the poor ... (Read 84 times)

saliriagwu · **on:** Jun 29, 2018

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

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

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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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