lilagvaldez15
lilagvaldez15
11.03.2020 • 
Business

Which one(s) did i answer incorectly?a.Identify whether the statements about the economics of taxes are.a. trueb. false b. The incidence of a tax is determined by which group (buyers or sellers) must actually pay the government.a. trueb. falsec. When demand is inelastic and supply is elastic, the burden of a tax falls mainly on producers.a. trueb. falsed. When demand is elastic and supply is inelastic, the burden of a tax falls mainly on consumers.a. trueb. falsee. An excise tax can distort incentives and create missed opportunities for mutually beneficial transactions.a. trueb. false

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