Neither the supply of nor demand for a good is perfectly elastic or perfectly inelastic. So, imposing a tax on the good results in ________ in the price received and kept by sellers and a ________ in the price paid by buyers

A) a rise; rise
B) a rise; fall
C) a fall; rise
D) a fall; fall
E) no change; rise

C

Economics

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Economists agree that the free movement of capital is desirable

Indicate whether the statement is true or false

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Utopia would be a debtor nation

a. if consumers in other countries bought goods and services from Utopia b. only if it had a deficit in its current account c. only if it had a deficit in its balance of goods and services d. if it had a deficit in its balance of trade e. if it had a deficit after adding together the balances in both its current account and its capital account

Economics