| Author: | Homework Help Classof1 | ISBN: | 1230000116729 |
| Publisher: | Classof1 | Publication: | March 21, 2013 |
| Imprint: | Language: | English |
| Author: | Homework Help Classof1 |
| ISBN: | 1230000116729 |
| Publisher: | Classof1 |
| Publication: | March 21, 2013 |
| Imprint: | |
| Language: | English |
"a. The tax is forward-shifted completed in Market I.
b. The economic incidents of the tax identical with the legal incidence of the tax in Market II.
c. The demand curve in Market III is perfectly price elastic.
d. The supply curve in Market II is perfectly price elastic.
e. The economic incidence of the tax is identical to the legal incidence of the tax in Market I.
f. The supply curve in Market I manifest a price-elasticity of zero.
g. The tax is completely shifted backward in Market III.
h. The economic incidence of the tax is different from the legal incidence of the tax in Market III.
i. The equilibrium price of the goods sold in Market II represents a demand determined price.
j. The tax is backward-shifted completely in Market ii
"
"a. The tax is forward-shifted completed in Market I.
b. The economic incidents of the tax identical with the legal incidence of the tax in Market II.
c. The demand curve in Market III is perfectly price elastic.
d. The supply curve in Market II is perfectly price elastic.
e. The economic incidence of the tax is identical to the legal incidence of the tax in Market I.
f. The supply curve in Market I manifest a price-elasticity of zero.
g. The tax is completely shifted backward in Market III.
h. The economic incidence of the tax is different from the legal incidence of the tax in Market III.
i. The equilibrium price of the goods sold in Market II represents a demand determined price.
j. The tax is backward-shifted completely in Market ii
"
