[Answered] If supply is perfectly inelastic, a sales tax imposed on sellers is paid by A) only the buyers. ...

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Author Question: If supply is perfectly inelastic, a sales tax imposed on sellers is paid by A) only the buyers. ... (Read 116 times)

lb_gilbert

Hero Member
Posts: 588

on: Jun 29, 2018

If supply is perfectly inelastic, a sales tax imposed on sellers is paid by

A) only the buyers.
B) only the sellers.
C) both the buyers and sellers.
D) None of the above answers is correct.

Question 2

Mode income is

A) the most common income.
B) the average income.
C) the middle income level.
D) the same as money income.

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Joy Chen

Sr. Member
Posts: 354

Reply #1 on: Jun 29, 2018

Answer to Question 1

A

Answer to Question 2

A

lb_gilbert

Member
Posts: 588

Reply 2 on: Jun 29, 2018

Excellent

duy1981999

Member
Posts: 341

Reply 3 on: Yesterday

Great answer, keep it coming

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Author Question: If supply is perfectly inelastic, a sales tax imposed on sellers is paid by A) only the buyers. ... (Read 116 times)

lb_gilbert

If supply is perfectly inelastic, a sales tax imposed on sellers is paid by A) only the buyers. ...

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Need homework help now?

Joy Chen

If supply is perfectly inelastic, a sales tax imposed on sellers is paid by A) only the buyers. ...

lb_gilbert

duy1981999