« previous next »

Author Question: An advantage of a unit tax is that the relative price changes have no effect on the tax per unit. ... (Read 61 times)

jenna1

  • Hero Member
  • *****
  • Posts: 568
on: Jul 1, 2018
An advantage of a unit tax is that the relative price changes have no effect on the tax per unit.
 
  a. True b. False

Question 2

If an increase in income results in a rightward parallel shift of the demand curve, then at any given price, the price elasticity of demand will have
 
  A) increased in absolute terms.
  B) decreased in absolute terms.
  C) remained unchanged.
  D) increased, decreased or stayed the same. It cannot be determined.


diana chang

  • Sr. Member
  • ****
  • Posts: 288
Reply #1 on: Jul 1, 2018
Answer to Question 1

a

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The oldest recorded age was 122. Madame Jeanne Calment was born in France in 1875 and died in 1997. She was a vegetarian and loved olive oil, port wine, and chocolate.

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Dogs have been used in studies to detect various cancers in human subjects. They have been trained to sniff breath samples from humans that were collected by having them breathe into special tubes. These people included 55 lung cancer patients, 31 breast cancer patients, and 83 cancer-free patients. The dogs detected 54 of the 55 lung cancer patients as having cancer, detected 28 of the 31 breast cancer patients, and gave only three false-positive results (detecting cancer in people who didn't have it).

Did you know?

People with high total cholesterol have about two times the risk for heart disease as people with ideal levels.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

A structural gene as a transcriptional unit A structural gene as a transcriptional unit
Experimental evidence of the effect of allelochemicals on plant production. Experimental evidence of the effect of allelochemicals on plant production.
The relative proportions of body region representation in the motor cortex (anterior to the central The relative proportions of body region representation in the motor cortex (anterior to the central
Alzheimer’s medications work by intensifying the effect of acetylcholine at the receptor. Alzheimer’s medications work by intensifying the effect of acetylcholine at the receptor.
The Composition Effect The Composition Effect
Relative Sizes of Dwarf Planets and Earth Relative Sizes of Dwarf Planets and Earth
Video: Cataract

For a complete list of videos, visit our video library