All of the following contribute to income inequality EXCEPT

If the government eliminates a tax on a good with a perfectly elastic supply, who benefits most?

A) buyers B) sellers C) buyers if the demand is also perfectly elastic, otherwise sellers D) buyers if the demand is unit elastic, otherwise sellers E) Buyers and sellers benefit equally.

At a low wage rate,

a. there is no substitution effect b. there is no income effect c. the substitution effect usually outweighs the income effect d. the income effect usually outweighs the substitution effect e. the disutility of market work is usually high