"If fines for speeding when driving increase, fewer accidents will occur" is an example of a(n)

Can the median voter model help explain why third parties have generally not been successful in the United States? Explain why or why not

What will be an ideal response?

An excise tax levied on a product will impose a smaller relative burden on consumers (and a larger relative burden on sellers) when

a. the supply of the product is relatively inelastic. b. the supply of the product is relatively elastic. c. the demand for the product is relatively elastic. d. either a or c is true.