This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: When corporate income taxes are increased on competitive industries, the increase _____. a. will ... (Read 38 times)

V@ndy87

  • Hero Member
  • *****
  • Posts: 571
on: Jul 1, 2018
When corporate income taxes are increased on competitive industries, the increase _____.
 
  a. will have the largest effect on firms with elastic demands
  b. will have the largest effect on firms with inelastic demands
  c. will be evenly distributed between stockholders and customers
   d. will have zero effect

Question 2

Which of the following is not a potential problem in using corrective taxation to deal with a negative externality?
 
  a. Measuring the cost of the externality.
  b. Estimating the supply curve of the externality creator.
  c. Determining who is responsible for the externality.
   d. Determining how the tax should be applied.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bpool94

  • Sr. Member
  • ****
  • Posts: 354
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

b


V@ndy87

  • Hero Member
  • *****
  • Posts: 571
Reply #2 on: Jul 1, 2018
Thank you


bpool94

  • Sr. Member
  • ****
  • Posts: 354
Reply #3 on: Jul 1, 2018
No problemo


« previous next »
 

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

There are actually 60 minerals, 16 vitamins, 12 essential amino acids, and three essential fatty acids that your body needs every day.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

In the ancient and medieval periods, dysentery killed about ? of all babies before they reach 12 months of age. The disease was transferred through contaminated drinking water, because there was no way to adequately dispose of sewage, which contaminated the water.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Remedies for insomnia include increased physical exercise and time spent outdoors. Remedies for insomnia include increased physical exercise and time spent outdoors.
Mark Twain supplemented his income as a writer by giving humorous lectures. Mark Twain supplemented his income as a writer by giving humorous lectures.
By how many times will the population of bacteria have increased after 6 h? By how many times will the population of bacteria have increased after 6 h?
A substrate and its competitive inhibitor A substrate and its competitive inhibitor
Effect of an Increase in Technological Progress Effect of an Increase in Technological Progress
Health and Income per Capita: Two Views Health and Income per Capita: Two Views
Video: HIV Infection: Viral life cycle

For a complete list of videos, visit our video library