The rule of 72 is a formulation that allows us to know, in a very ...

[kfurse]

The rule of 72 is a formulation that allows us to know, in a very quick and simple manner, the approximate time it takes to double a number that grows at a constant rate.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If the government wanted a tax to not burden producers much, it would want to tax an industry with
 a. elastic supply and demand curves.
  b. inelastic supply and demand curves.
  c. inelastic supply and elastic demand.
  d. elastic supply and inelastic demand.

[akudia]

Answer to Question 1

True

Answer to Question 2

d

[kfurse]

Thanks for the timely response, appreciate it

[chereeb]

Gracias!