The tax incidence on buyers is higher if ________. A) the ...

[dejastew]

The tax incidence on buyers is higher if ________.
 
  A) the buyers and sellers of a good are equally sensitive to price changes
  B) the elasticity of the market demand curve is higher than the elasticity of the market supply curve
  C) the elasticity of the market supply curve is higher than the elasticity of the market demand curve
  D) the number of sellers in a market is larger than the number of buyers

Question 2

________ are guarantees of quality issued directly by either the manufacturer or the seller.
 
  A) Patents
  B) Trademarks
  C) Warranties
  D) Copyrights

[shoemake]

Answer to Question 1

C

Answer to Question 2

C

[dejastew]

Thanks for the timely response, appreciate it

[emsimon14]

Excellent