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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Indicate whether the statement is true or false

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What will be an ideal response?

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Refer to the short-run information provided in Figure 8.5 below to answer the question(s) that follow.  Figure 8.5 Refer to Figure 8.5. If two drones are produced, average variable costs are

A. $10. B. $20. C. $25. D. $50.

Economics

The amount of interest owed on a loan of $40,000 after a year at an interest rate of 4 percent is:

A. $1,600. B. $40,400. C. $160. D. $41,600.

Economics