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

Author Question: Which of the following is true? i. If supply is perfectly inelastic, the tax creates no deadweight ... (Read 65 times)

lilldybug07

  • Hero Member
  • *****
  • Posts: 546
on: May 24, 2019
Which of the following is true?
i.  If supply is perfectly inelastic, the tax creates no deadweight loss.
ii.  The elasticities of supply and demand, not Congress, determine who pays the income tax.
iii.  A tax is progressive if the average tax rate falls with income.
◦ only i
◦ only ii
◦ only iii
◦ ii and iii
◦ i and ii
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 lilldybug07 on May 24, 2019

shaikhs

  • Sr. Member
  • ****
  • Posts: 312
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 39% of students answer this correctly


lilldybug07

  • Hero Member
  • *****
  • Posts: 546
Reply #2 on: May 24, 2019
Thanks


shaikhs

  • Sr. Member
  • ****
  • Posts: 312
Reply #3 on: May 24, 2019
Welcome :)


« previous next »
 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

For high blood pressure (hypertension), a new class of drug, called a vasopeptidase blocker (inhibitor), has been developed. It decreases blood pressure by simultaneously dilating the peripheral arteries and increasing the body's loss of salt.

Did you know?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

supply chain supply chain
A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact, A recruiting poster for the “True Sons of Freedom” encouraged African Americans to enlist. In fact,
True Dover Sole True Dover Sole
Anterosuperior view of true pelvis (blue) Anterosuperior view of true pelvis (blue)
A student creates a new blog about chemistry. A student creates a new blog about chemistry.
Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ... Juan's Software Service Company is in a perfectly competitive market. Juan has total fixed ...
Video: Central Nervous System Animation

For a complete list of videos, visit our video library