When the supply of a good is perfectly elastic, the entire tax is paid by the buyers
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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Which of the following are typically financed in the loan market?
i. a mortgage for a house iii. credit card balances iii. the purchase of a share of stock in a corporation. A) i only B) i and iii C) ii and iii D) i, ii and iii E) i and ii
Economics
A country has $50 million of domestic investment and net capital outflow of $15 million. What is saving?
a. $65 million b. -$65 million c. $35 million d. -$35 million
Economics