Answer:
Tax carried forward to consumer $2
Effective tax on the producers $ 1
TRUE
As the nominal tax is always subject to elasticity in demand and supply which generates an effective tax burden on each party.
Explanation:
<em><u>Before-tax:</u></em>
Quantity 25
Price $7
<em><u>After-tax:</u></em>
Quantity 18
Price $8
The producer receives $5 (thus there has been a tax of $3)
The tax-burden (who actually pay the tax)
is based on the elasticity of the demand and supply of the market.
When demand is more inelastic the tax burden goes into the consumer more than producers.
When supply is more inelastic the tax burden goes into the producer more than consumers.
<span>The geographic areas of responsibility for geographic combatant commanders are established at strategic level.
</span><span>Area of Responsibility (AOR) is a pre-defined geographic region assigned to Combatant commanders of the Unified Command Plan
(UCP), that are used to define an area with specific geographic
boundaries where they have the authority to plan and conduct operations;
for which a force, or component commander bears a certain
responsibility.</span>
Individuation is the search for autonomy and differentiation. It involves an increasing awareness of one’s unique psychological reality, including the personal strengths and limitations, and at the same time a deeper appreciation of humanity in general. Individuation<span> distinguishes you from everybody else. </span>
Answer:
Elastic
Explanation:
Description of a curve elastic.: The curve believed by the longitudinal axis of an initially normal elastic strip or bar bent to any structure of elements within its elastic limits.
- Elasticity relates to the level of sales or market sensitivity in response to price changes.
- If a curve becomes more elastic than small price shifts can cause large volume changes consumption.
- At the poles, horizontal will be a beautifully elastic curve, while vertical will be a completely inelastic curve.