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?

View Complete Question

Related Questions in Microeconomics

Q : Opportunity Costs to Society of Funding

The clearest signals of the opportunity costs to society of funding one investment in place of another are relative: (w) interest rates, expected rates of return, and also expected economic profit. (x) production costs for various goo

Q : Increase in Income Tax Progressivity

When this figure demonstrated Lorenz curves for distribution of income after taxes and transfers, in that case it is UNTRUE of the Lorenz curves demonstrated in this demonstrated figure that: (1) line 0E0' represents a Lorenz curve of

Q : Explanation of Substitution Effect The

The substitution effect helps most in describing why: (1) Demand curves slope down. (2) Goods are either complements or substitutes. (3) Air travel costs less than by walking the cross country. (4) Uncertainty regarding quality justifies govt. control

Q : Economics like a social science Why is

Why is economics seen like a social science?

Q : Problem on demand curve Give me answer

Give me answer of this question. Refer to the following diagram. Other things equal, a rightward shift of the demand curve would: A) depreciate the dollar. B) appreciate the dollar. C) reduce the equilibrium quantity of euros. D) depreciate the euro.

Q : Why demand curve face monopolistically

Why is demand curve facing a monopolistically competitive firm probable to be very elastic?

Q : Shutting down the average expected

All firms will shut down when the average expected revenue by selling output fails to exceed expected: (w) average total cost. (x) marginal cost. (y) average fixed cost. (z) average variable costs. I need a good an

Q : Government and Labor Assume that the

Assume that the male nurses are salaried more than female nurses for the similar work. When an ‘equal pay for equal work’ law is passed and enforced, this might: (i) Decrease the wages of male nurses. (ii) Not influence the wages of the female nurses. (iii

Q : Effects of price controls for a price

The consequences of price controls would be least discernible for a price ceiling set: (1) above the price equilibrium. (2) below the price equilibrium. (3) in a region of diminishing returns. (4) unfavorable to market companies. (5)

Q : Demand for a good at price elasticity

The curve which could demonstrate the demand for a good which has price elasticity equal to one is within: (w) Panel A. (x) Panel B. (y) Panel C. (z) Panel D.

Discover Q & A

Leading Solution Library

Avail More Than 1414753 Solved problems, classrooms assignments, textbook's solutions, for quick Downloads

No hassle, Instant Access

Start Discovering

18,76,764

1950668
Asked

3,689

Active Tutors

1414753

Questions
Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment