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Evgesh-ka [11]
3 years ago
9

What determines how the burden of tax is divided between buyers and sellers? Why?

Business
2 answers:
Artemon [7]3 years ago
6 0

Answer:

Explanation:

Taxation is the means by which the government  gets most of its  revenue so it is the duties of private or publicly owned organizations and also the citizen to pay their taxes used by the government to fund all its projects. the taxes generated by the government are then divided among buyers and sellers.

The elasticity of demand is the main determinant of how burden of tax is divided between buyers and sellers.

velikii [3]3 years ago
6 0

Answer:

The elasticity of demand and the elasticity of supply decides how the tax burden is divided among the supplier and the customer.

Explanation:

Elasticity refers to how sensitive the demand or the supply is comparatively to relative changes in the price. This is the major factor that decides the change in the demand and supply once the price increases as a result of the taxes.

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C. Accountant

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1/N

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It been used by government agencies such as the U.S. Department of Justice for cases involving mergers and acquisition.

Since we are concerned with the minimum possible value we divide \frac{1}{N}.

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Suppose workers notice a fall in their nominal wage but are slow to notice that the price of things they consume have fallen by
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The correct answer is <em>Temporarily low and so supply a smaller quantity of labor</em>.

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In the market experiment with​ taxes, after the excise tax is imposed on the market A. the price paid by buyers decreases and th
aleksley [76]

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<h3>How do personal loans work?</h3>

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Thus, Option D is correct which describes personal loans.

For more information about Personal loans refer to the link:

brainly.com/question/19106746

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