The more ________, the larger is the amount of the tax on the good that the ________ pays
A) elastic the demand for a good; buyers
B) inelastic the demand for a good; buyers
C) inelastic the supply of a good; buyers
D) elastic the supply of a good; sellers
B
Economics
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Electricity pricing that varies in its billing expense throughout the day is called
a. marginal cost pricing b. variable pricing c. full cost pricing pricing d. marginal pricing e. dynamic pricing
Economics
Which of the following is not true?
A) The share of total farm receipts earned by the largest farms has been increasing during the past two decades. B) Productivity in the farm sector has increased dramatically over the past 50 years. C) The own-price elasticity is always negative. D) None of the above (that is, all statements are true).
Economics