If a tax is imposed on the sellers of a product, then the tax burden will fall entirely on the sellers
a. True
b. False
Indicate whether the statement is true or false
False
Economics
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Assuming all else equal, if a firm decides to pay more dividends and lowers the amount of retained earnings it holds, it will cause:
A) an upward movement along the current credit supply curve of the firm. B) a downward movement along the current credit supply curve of the firm. C) the current credit supply curve of the firm to shift to the left. D) the current credit supply curve of the firm to shift to the right.
Economics
How does the elasticity of supply influence the incidence of a tax, the quantity bought, the tax revenue, and the deadweight loss?
What will be an ideal response?
Economics