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

Author Question: Because the supply of land is perfectly inelastic, when governments tax land, the tax (Read 36 times)

mynx

  • Hero Member
  • *****
  • Posts: 555
on: May 24, 2019
Because the supply of land is perfectly inelastic, when governments tax land, the tax
◦ creates a deadweight loss because the supply is fixed.
◦ decreases both the demand for and the supply of land.
◦ creates no deadweight loss because the equilibrium quantity is the same as without the tax.
◦ increases the supply of land because the landlord pays all of the tax.
◦ decreases the supply of land because the landlord pays all of the tax.
Foundations of Microeconomics ¦ Bade, Parkin ¦ 8th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by mynx on May 24, 2019

ryansturges

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: May 24, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 32% of students answer this correctly


mynx

  • Member
  • Posts: 555
Reply 2 on: May 24, 2019
YES! Correct, THANKS for helping me on my review

carojassy25

  • Member
  • Posts: 299
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Myocardial Oxygen supply and demand Myocardial Oxygen supply and demand
Land mass looks like a synapse Land mass looks like a synapse
The Land Ordinance of 1785 called for surveying and dividing the Western Territories into square mil The Land Ordinance of 1785 called for surveying and dividing the Western Territories into square mil
USA—the land of diversity. USA—the land of diversity.
Plot of land (Part a) Plot of land (Part a)
Offset Method Plot of Land with Offset Lines Offset Method Plot of Land with Offset Lines
Video: Embryonic development - Weeks 5 to 8

For a complete list of videos, visit our video library