This topic contains a solution. Click here to go to the answer

Author Question: When corporate income taxes are increased on competitive industries, the increase _____. a. will ... (Read 40 times)

V@ndy87

  • Hero Member
  • *****
  • Posts: 571
When corporate income taxes are increased on competitive industries, the increase _____.
 
  a. will have the largest effect on firms with elastic demands
  b. will have the largest effect on firms with inelastic demands
  c. will be evenly distributed between stockholders and customers
   d. will have zero effect

Question 2

Which of the following is not a potential problem in using corrective taxation to deal with a negative externality?
 
  a. Measuring the cost of the externality.
  b. Estimating the supply curve of the externality creator.
  c. Determining who is responsible for the externality.
   d. Determining how the tax should be applied.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bpool94

  • Sr. Member
  • ****
  • Posts: 354
Answer to Question 1

a

Answer to Question 2

b





 

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

More than 34,000 trademarked medication names and more than 10,000 generic medication names are in use in the United States.

For a complete list of videos, visit our video library