How is a tax on lemonade divided when it is placed

Reference no: EM133707379

Question: How is a tax on lemonade divided when it is placed on the sellers of lemonade? (1 mark) a. The sellers pay the entire tax. b. The buyers pay the entire tax. c. Buyers and sellers share the burden of the tax. d. The burden of the tax will always be equally divided between the buyer and the seller.

Reference no: EM133707379

Questions Cloud

How does her opportunity set? change : water a month that a consumer may purchase. How does? Manaswini's budget line? change? How does her opportunity set? change

Explain the concept of knowledge worker : Explain the concept of a knowledge worker. Introduce the topic and present brief overview of knowledge worker and Nursing Informatics

Which price index should he use: the cpi : He is currently working on an article regarding the status of the US economy focusing on all sectors. Which price index should he use: the CPI, PPI, or the GDP

Patient has uncontrolled diabetes mellitus : The patient has uncontrolled diabetes mellitus (type II) with a peripheral circulatory disorder and gangrene of his bilateral great toes

How is a tax on lemonade divided when it is placed : How is a tax on lemonade divided when it is placed on the sellers of lemonade? (1 mark) a. The sellers pay the entire tax. b. The buyers pay the entire tax. c.

Describe at least three project goals or objectives : Describe at least three project goals or objectives. Describe three key milestones and three deliverables for your project and describe what makes them key.

How much consumer surplus would the highdemand consumer : How much consumer surplus would the highdemand consumer save if he chose the offer intended for the low-demand consumer?

How this disempowers communities : Explain why they say deindustrialization is not simply a natural process, and what they mean by "disinvestment becomes cyclical" and how this disempowers

Medication adherence amongst patients with bipolar disorder : Briefly summarise the hypothetical scenario concerning trend in medication adherence amongst patients with Bipolar disorder

User Account

All Pages