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Author Question: The incidence of sales tax is determined by the A) level of government (for example, local, ... (Read 38 times)

mpobi80

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on: Jun 29, 2018
The incidence of sales tax is determined by the
 
  A) level of government (for example, local, state, or federal) which imposes the tax.
  B) federal government in all cases.
  C) greed of the sellers.
  D) price elasticities of supply and demand.

Question 2

The price of one good divided by the price of another good is a
 
  A) money price.
  B) relative price.
  C) budget constraint.
  D) divisible good.


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helenmarkerine

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

D

Answer to Question 2

B


mpobi80

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

dreamfighter72

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Reply 3 on: Yesterday
Excellent

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