Suppliers with a high supply elasticity will bear a ______ tax incidence, while suppliers with a low supply elasticity will bear a ______ tax incidence
A) lower; higher
B) higher; lower
C) lower or no; higher or full
D) A and C
D
Economics
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See Scenario 4.5. As the price of grilled cheese sandwiches decreases, the price elasticity of demand:
A) increases. B) does not change. C) decreases. D) none of the above
Economics
The text points out that since the 1970s, which of the following regions of the United States became a "population magnet?"
a. Midwest b. Northeast c. South d. West e. North
Economics