When a tax is placed on the sellers of a product, buyers pay
A. more, and sellers receive more than they did before the tax.
B. more, and sellers receive less than they did before the tax.
C. less, and sellers receive more than they did before the tax.
D. less, and sellers receive less than they did before the tax.
B. more, and sellers receive less than they did before the tax.
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Mention the factors which have helped South Africa's electricity supplier, Eskom, to reduce transaction costs and distribute electricity cheaply?
All of the following are true regarding the Foreign Corrupt Practices Act (FCPA) except which one?
A) Nearly all aspects of the FCPA are harsher than the U.K. Bribery Act. B) The FCPA applies to any company that is organized under the laws of the United States. C) The FCPA applies to any company whose stock is publically traded in the United States. D) It is a United States anti-corruption law prohibiting bribery of foreign officials.