--%>

Most desperate market participants of tax

Tax burdens on transactions are probably to be disproportionately borne through the relatively as “most desperate” market participants those, who are: (1) sellers when the market supply curve is relatively more price elastic than the market demand curve. (2) the resource suppliers who are the final “real” sellers. (3) invariably buyers. (4) equally probable to be buyers or sellers in most markets. (5) buyers when the market demand curve is relatively less price elastic than the market supply curve.

Can anybody suggest me the proper explanation for given problem regarding Economics generally?

   Related Questions in Microeconomics

  • Q : Price of related good in elasticity of

    How the demand for one good alters while the price of an associated good is changed is measured through the: (w) relative ratios of the slopes of the respective demands and supplies. (x) price cross elasticity of demand. (y) ratios of the respective p

  • Q : Government analysts discount future

    When the interest rate is 10 percent yearly and government analysts discount the future benefits by a public project at 5 percent per year, then there will be an overstatement of the: (w) present value of the future benefits. (x) present value of aver

  • Q : Ratio of percentage changes in quantity

    The ratio of the percentage change within the quantity of beef sold over the percentage change within the price of pork is: (1) price elasticity of demand for beef. (2) price elasticity of demand for pork. (3) income elasticity of dem

  • Q : Cross-elasticity of demand Interpret

    Interpret the following Cross-Price Elasticities of Demand (XED) and explain the relationship between these goods. (3 marks total, 1.5 marks per part) XED= + 0.64 and XED= -2.6

  • Q : Reduced monopoly power by oligopolistic

    The allocative inefficiency commonly related with the exercise of market [i.e., monopoly] power tends to be reduced when oligopolistic firms: (1) differentiate their products by competitive advertising. (2) price discriminate based upon the price elas

  • Q : Requirement of production costs

    Decreasing average production costs needs raising the size of a firm when the raised production encounters economies of: (i) Growth. (ii) Coordination. (iii) Growth. (iv) Scale. (v) Scope. Find out the right answer from the above o

  • Q : Equivalent marginal revenue product

    When a monopolist is maximizing its gain in the product market however consists of no monopsony power in labor market, and then it will: (1) Hire labor till marginal revenue product equivalents the average factor cost. (2) Pay a wage equivalent to the marginal revenue

  • Q : What is APC What is APC ? Answer : APC=

    What is APC? Answer: APC= C/Y.The ratio of income to consumption is termed as APC.

  • Q : Labor Union Goals economically

    Economically, the labor unions can be thought of as the: (i) encouraging competition between the workers for jobs. (ii) Rising the flexibility of nominal wages. (iii) Attempts to cartelize and unite the individual sellers of labor. (iv) Having a goal of the minimum un

  • Q : Cost and revenue assume the firm is a

    assume the firm is a price taker and faces a market price of €60 per unit. draw the AR and MR curves