If the demand curve for a good is unit price elastic and the supply curve is perfectly price elastic, a 1 specific tax imposed on the sellers of this good will
A) shift the supply curve up vertically by 1.
B) shift the demand curve down vertically by 1.
C) not raise price at all.
D) cause price to increase but by less than 1.
Question 2
If a government wants to maximize revenues from a tax, it should
A) impose it on sellers.
B) impose it on consumers.
C) choose a good with a relatively elastic demand.
D) choose a good with a relatively inelastic demand.
good to eat
Take a good look at this woman
Phosphopantetheine as the reactive unit in ACP and CoA
Construct a Lorenz curve that shows income distribution in this society.
A 1000-kg car is slowly picking up speed as it goes around a horizontal unbanked curve whose ...
The circadian rhythm is a wave-like curve