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

Author Question: There would be no excess burden from a tax if demand were (Read 57 times)

go.lag

  • Hero Member
  • *****
  • Posts: 667

Question 1

The excess burden of a tax is $5,000 and the tax revenue from this tax is $15,000. The total burden of this tax is


◦ $3,000.
◦ $5,000.
◦ $10,000.
◦ $20,000.

Question 2

There would be no excess burden from a tax if demand were


◦ unitarily elastic.
◦ perfectly elastic.
◦ perfectly inelastic.
◦ upward sloping.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by go.lag on Apr 19, 2019

snackralk

  • Sr. Member
  • ****
  • Posts: 363
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 29% of students answer this correctly




go.lag

  • Member
  • Posts: 667
Reply 2 on: Apr 19, 2019
Great answer, keep it coming :)


phuda

  • Member
  • Posts: 348
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

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?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

In 1864, the first barbiturate (barbituric acid) was synthesized.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

For a complete list of videos, visit our video library