Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

answers for these questions THX!! QUESTION 10 Which of the following groups is the most likely to effectively, (in practice), pay corporate income taxes? 0

answers for these questions THX!!

image text in transcribedimage text in transcribedimage text in transcribed
QUESTION 10 Which of the following groups is the most likely to effectively, (in practice), pay corporate income taxes? 0 a. The taxed corporation. 0 b. Workers of the rm. 0 Suppliers of input goods to the company. c. Q d. The community where the corporation is located. QUESTION / The reason why drug interdiction increases the revenues of drug dealers is that: a. Demand for drugs is elastic. O b. Demand is inelastic. c. Supply is elastic O d. Supply is inelasticQUESTION 4 Sellers of a product will bear the larger part of the tax burden, and buyers will bear a smaller part of the tax burden, when the: O a. tax is placed on the sellers 0 b.tax is placed on the buyers 0 c. supply of the product is more elastic than the demand for the product d.the demand for the product is more elastic than the supply of the product

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Economics of Money, Banking and Financial Markets

Authors: Frederic S. Mishkin

9th Edition

978-0321607751, 9780321599797, 321607759, 0321599799, 978-0321598905

More Books

Students also viewed these Economics questions

Question

What is super saturation? Under what conditions does it occur?

Answered: 1 week ago