As long as neither supply nor demand is perfectly elastic, both suppliers and demanders will pay part of any tax.
a. true
b. false
Answer: a. true
Economics
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In Japan most garbage is
a. either recycled or burned b. recycled c. burned d. deposited in landfills e. used for fuel
Economics
The marginal product curve rises when the marginal cost curve rises
a. True b. False Indicate whether the statement is true or false
Economics
Nominal GDP is equal to real GDP multiplied by the GDP deflator
Indicate whether the statement is true or false
Economics
If the price of hamburger buns increases, the demand for ground beef is predicted to:
a. Decrease b. Shift to the right c. Increase d. Remain constant
Economics