Suppose a tax is imposed on the buyers of a product. The burden of the tax will fall
A. . entirely on the buyers.
B. . entirely on the sellers.
C. . entirely on the government.
D. . on both the buyers and the sellers.
查看答案
A tax placed on a product causes the price the buyer pays
A. . and the price the seller receives to be higher.
B. . and the price the seller receives to be lower.
C. . to be lower and the price the seller receives to be higher.
D. . to be higher and the price the seller receives to be lower.
A law requiring sellers to pay the government a tax on cigarettes has the effect of
A. . shifting the supply curve to the right.
B. . changing the slope of the supply curve.
C. . shifting the supply curve to the left.
D. . changing the slope of the demand curve.
If the tax on bottled water were raised by $1 per bottle, we would expect
A. . buyers to bear the entire tax in the form of higher prices.
B. . sellers to bear the tax in the form of lower prices.
C. . part of the tax to fall on buyers in the form of higher prices, and part of the tax to fall on sellers in the form of lower prices.
D. . government revenues to fall.
Assume the government wants to impose a tax on wine. It wants to minimize the negative impact the tax has on consumers in the form of higher prices. It will achieve this goal if
A. . demand is relatively elastic.
B. . demand is relatively inelastic.
C. . supply is relatively elastic.
D. . the supply curve and the demand curve for wine have the same elasticity.
微信支付 
支付宝支付