« previous next »

Author Question: The deadweight loss of taxation on a good is higher if ________. A) the demand or the supply of ... (Read 74 times)

scienceeasy

  • Hero Member
  • *****
  • Posts: 565
on: Jun 29, 2018
The deadweight loss of taxation on a good is higher if ________.
 
  A) the demand or the supply of the good is relatively price elastic
  B) a progressive tax system is practiced
  C) a low rate of tax is imposed on the sale of the good
  D) there is only one seller in the market

Question 2

In the economic way of thinking, money
 
  A) allows people to behave completely morally.
  B) allows people to behave completely competitively.
  C) allows people to make goods exchanges without concern for the true costs of their actions.
  D) allows people to make a wide range of negotiations.


tofugiraffe

  • Sr. Member
  • ****
  • Posts: 319
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

D


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

The most dangerous mercury compound, dimethyl mercury, is so toxic that even a few microliters spilled on the skin can cause death. Mercury has been shown to accumulate in higher amounts in the following types of fish than other types: swordfish, shark, mackerel, tilefish, crab, and tuna.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Blood supply to the pituitary gland Blood supply to the pituitary gland
Good computer skills are now required to be a successful member of an office staff. Good computer skills are now required to be a successful member of an office staff.
Frequent dining on fast food, which tends to be higher in fat and carbohydrates, may be convenient ... Frequent dining on fast food, which tends to be higher in fat and carbohydrates, may be convenient ...
Conservation biology arose in response to biodiversity loss Conservation biology arose in response to biodiversity loss
Economic recession in 2008 saw a small decrease in demand Economic recession in 2008 saw a small decrease in demand
Suppose a country imports televisions. The country's supply and demand curves are shown in ... Suppose a country imports televisions. The country's supply and demand curves are shown in ...
Video: Import of Dietary Glucose from Intestines to Bloodstream

For a complete list of videos, visit our video library