« previous next »

Author Question: A general sales tax is a unit tax placed on all retail sales. a. True b. ... (Read 76 times)

jCorn1234

  • Hero Member
  • *****
  • Posts: 545
on: Jul 1, 2018
A general sales tax is a unit tax placed on all retail sales.
 
  a. True b. False

Question 2

If the price elasticity of demand for a good is less than one in absolute value, economists would characterize consumers of this good
 
  A) as not very sensitive to price.
  B) as not very sensitive to the quantity they demand.
  C) as very sensitive to price.
  D) as elastic.
Microeconomics ¦ Perloff ¦ 8th Edition
Buy Test-Bank


Moriaki

  • Sr. Member
  • ****
  • Posts: 341
Reply #1 on: Jul 1, 2018
Answer to Question 1

b

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Approximately 15–25% of recognized pregnancies end in miscarriage. However, many miscarriages often occur before a woman even knows she is pregnant.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

General features of a growth factor or hormone signalling pathway that promotes cell division General features of a growth factor or hormone signalling pathway that promotes cell division
A true albino squirrel. Note the pink eyes. A true albino squirrel. Note the pink eyes.
Body Part, Method of Examination, and Equipment Used During the General Physical Examination Body Part, Method of Examination, and Equipment Used During the General Physical Examination
Hives is a general contraindication in the acute phase and a local contraindication in the subacute ... Hives is a general contraindication in the acute phase and a local contraindication in the subacute ...
General Effects of Hydrotherapy* Comparing Thermo-Hydrotherapy and Cryo-Hydrotherapy General Effects of Hydrotherapy* Comparing Thermo-Hydrotherapy and Cryo-Hydrotherapy
GENERAL BIO IMAGES GENERAL BIO IMAGES
Video: B cells and antibodies

For a complete list of videos, visit our video library