If supply is more elastic than demand, the seller will pay _____ of a tax.
Fill in the blank(s) with the appropriate word(s).
less than half
Economics
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(Consider This) In 2000, McDonald's introduced its McSalad Shaker, which failed to catch on with the public and was subsequently dropped from the menu. This failure illustrates the idea of:
A. consumer sovereignty. B. technological change. C. downsloping demand. D. specialization.
Economics
What effect might a fall in stock prices have on busi-ness investment?
What will be an ideal response?
Economics