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Author Question: How does the decreasing use of traditional cameras affect the market for traditional camera film? ... (Read 202 times)

Mr3Hunna

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on: Jun 29, 2018
How does the decreasing use of traditional cameras affect the market for traditional camera film?
 
  A) The quantity of traditional camera film demanded decreases.
  B) The demand curve for traditional camera film shifts to the right.
  C) The demand curve for traditional camera film shifts to the left.
  D) The quantity of traditional camera film demanded increases.

Question 2

Define tax incidence.
 
  What will be an ideal response?
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tanna.moeller

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

Tax incidence is the ultimate distribution of a tax's burden. In other words, it indicates who actually bears the cost of paying the tax.


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