Question
Consumers will pay more of an excise tax on a particular good, like gasoline, Group of answer choices A. when there are lots of substitutes
Consumers will pay more of an excise tax on a particular good, like gasoline,
Group of answer choices
A. when there are lots of substitutes available for the taxed good.
B. the more inelastic is the demand for the taxed good.
C. the more elastic is the demand for the taxed good.
D. the more elastic is the supply of the good.
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Environmental Economics and Management Theory, Policy and Applications
Authors: Scott J. Callan, Janet M. Thomas
6th edition
1111826673, 1111826676, 1439080634, 1439080631, 9781285528540 , 978-1111826673
