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Author Question: Why do economists regard who is legally responsible for paying the tax to be irrelevant? What ... (Read 39 times)

folubunmi

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Why do economists regard who is legally responsible for paying the tax to be irrelevant?
 
  What will be an ideal response?

Question 2

If the slope of a demand curve is equal to -0.1 then
 
  A) the demand is elastic at low prices and inelastic at high prices.
  B) as price increases by 10 percent quantity demanded decreases by 1 percent.
  C) we don't know whether the demand is elastic or inelastic.
  D) demand is inelastic.


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stillxalice

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folubunmi

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Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


smrtceo

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Reply 3 on: Yesterday
Excellent

 

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