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gogolik [260]
2 years ago
6

Consumer A and Consumer B live in the same state where a sales taxes increase of 1% on all items has been enacted Consumer A has

an income of $50,000 per year and Consumer B has an income of \$250,000 per year. Choose all scenarios that correctly describe the effects of the sales tax increase on Consumer A versus Consumer B.
Business
2 answers:
mel-nik [20]2 years ago
8 0

Customer A would be much worse off as a result of the sales rate increase than Customer B.

Customer B will face fewer negative opportunity costs as a result of the sales raising taxes than Consumer A.

Customer A sales tax rate <u>rises </u>of 2% on a $10,000 car buy equals 2% of Consumer A's income, but only 4% of Consumer B's revenue.

Learn more:

brainly.com/question/19715580?referrer=searchResults

nikitadnepr [17]2 years ago
5 0

Answer:

A,C, and E

Explanation:

usa test prep

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