Supply-demand analysis shows that a tax collected from sellers is always fully shifted to buyers

One year, the government boosted regulated taxi fares in New York City by 15 percent with the expectation that the total revenue from taxi rides would also increase by 15 percent

The taxi commission that authorized this fare increase must have believed that the demand for taxi service was A) elastic, but not perfectly elastic. B) inelastic, but not perfectly inelastic. C) unit elastic. D) perfectly inelastic.

The Robinson-Patman Act strengthened the merger provisions of the Clayton Act

a. True b. False Indicate whether the statement is true or false