This topic contains a solution. Click here to go to the answer

Author Question: When corporate income taxes are increased on competitive industries, the increase _____. a. will ... (Read 82 times)

V@ndy87

  • Hero Member
  • *****
  • Posts: 571
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
Answer to Question 1

a

Answer to Question 2

b





 

Did you know?

The Babylonians wrote numbers in a system that used 60 as the base value rather than the number 10. They did not have a symbol for "zero."

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

Egg cells are about the size of a grain of sand. They are formed inside of a female's ovaries before she is even born.

For a complete list of videos, visit our video library