Fantastic growing conditions that produce a bumper crop of ...

[nevelica]

Fantastic growing conditions that produce a bumper crop of oranges on each tree this year will definitely make the short run supply of oranges more price elastic.
 
  Indicate whether the statement is true or false

Question 2

Regressive income taxes are
 
  A) an important form of income redistribution.
  B) present when the average tax rate decreases as income decreases.
  C) present when the average tax rate decreases as income increases.
  D) Both answers A and B are correct.

[jaymee143]

Answer to Question 1

FALSE

Answer to Question 2

C