Recent Posts • Latest Topics • Unanswered Questions

"For a given supply curve, the excess burden of a tax will be greater when the demand for a product ...

coolcat

wrote...

Go to Answer

Posts: 436

Rep:

4 years ago

"For a given supply curve, the excess burden of a tax will be greater when the demand for a product ...

"For a given supply curve, the excess burden of a tax will be greater when the demand for a product is less elastic than when the demand is more elastic." This statement is

▸

incorrect. When demand is less elastic, the burden of the tax is smaller than when the demand is more elastic.

▸

incorrect because the incidence of the tax, not the burden of the tax, is affected by the elasticity of demand.

▸

correct.

▸

incorrect. The statement confuses demand with quantity demanded.

Textbook

InMicro

Edition: 1^st

Authors: Hubbard, O'Brien

Read 276 times

1 Reply

Report

Replies

Answer verified by a subject expert

brigettelearn

wrote...

Posts: 359

Rep:

4 years ago

More solutions for this book are available here

Report

Related Topics

coolcat Author

wrote...

4 years ago

Thanks

TAT1238

wrote...

Yesterday

Just got PERFECT on my quiz

joyceess

wrote...

2 hours ago

This helped my grade so much Perfect

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1288 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Related Images

127

2728

223

Your Opinion

Previous poll results: How often do you eat-out per week?

Strange Ingredients Lurking in Doritos Chips

The Toxic Skin and Fungi Defense

It's sore throat season, why does my mucus have red spots?

Courses by Biology Forums

Bonobos, Chimpanzees, and the 98% DNA Link

Ready to ask a question on Biology Forums? Try it out

Join Our Community

Biology Forums - Study Force is a free online homework help service catered towards college and high school students. Get homework help and answers to your toughest questions in biology, chemistry, physics, mathematics, engineering, accounting, business, humanities, and more. Master your assignments quickly with thousands of step-by-step solutions to countless textbook questions asked and answered by our members. If we don't have your question, don't worry. You can ask any homework question and get expert homework help in as little as two hours.

Our extensive online study community is made up of college and high school students, teachers, professors, parents and subject enthusiasts who contribute to our vast collection of study resources: textbook solutions, study guides, practice tests, practice problems, lecture notes, equation sheets and more. With our help, your homework will never be the same!

Join for free today

How is Biology Forums - Study Force different than tutoring?

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.