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Author Question: The excess burden of taxation can be minimized by _____. a. placing taxes on goods with elastic ... (Read 73 times)

vHAUNG6011

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on: Jul 1, 2018
The excess burden of taxation can be minimized by _____.
 
  a. placing taxes on goods with elastic demand schedules
  b. placing taxes on goods with inelastic demand schedules
  c. placing taxes on goods with elastic supply schedules
  d. placing taxes on goods with inelastic supply schedule
   e. b and d

Question 2

For much of its history, General Motors was characterized by having versions of the same car with different nameplates, e.g., Chevrolet vs. Cadillac. This business model has seemed less successful in recent years. What might explain this?
 
  A) Consumers have more information concerning costs and quality.
  B) Consumers have more information concerning costs but not quality.
  C) Sellers have more information concerning costs but consumers have more information about quality.
  D) Consumers have less information concerning costs and quality.
Microeconomics ¦ Perloff ¦ 8th Edition
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shoemake

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Reply #1 on: Jul 1, 2018
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vHAUNG6011

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Reply 2 on: Jul 1, 2018
Wow, this really help

miss.ashley

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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