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Author Question: The incidence of sales tax is determined by the A) level of government (for example, local, ... (Read 13 times)

mpobi80

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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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Answer to Question 1

D

Answer to Question 2

B




mpobi80

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


okolip

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Reply 3 on: Yesterday
Gracias!

 

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