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 70 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?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.

Global Stratification: Income of the World's Nations Global Stratification: Income of the World's Nations
Income of Adult Children Compared With That of Their Parents Income of Adult Children Compared With That of Their Parents
Two areas of reduced cortical volume and one area of increased cortical volume observed in people ... Two areas of reduced cortical volume and one area of increased cortical volume observed in people ...
Regional Variation in Income and Access to the Sea Regional Variation in Income and Access to the Sea
Income per Capita versus Income of the Bottom Quintile Income per Capita versus Income of the Bottom Quintile
Corporate Finance: The Core Corporate Finance: The Core
Video: Double Vacuum Process (Illustration No Audio)

For a complete list of videos, visit our video library