The answer is True.
Many people doubt it because it's just sound too fictional.
Ring of fire located in the basin of pacific ocean, a large number of earthquake and volcano eruptions happen here.
The island arc is a string of islands formed by volcanoes along deep ocean trench.
Hope it helps
The earliest of civilizations were based around river valleys. This allowed them to irrigate fresh water to their crops allowing for better farming and therefore, bigger and better civilizations.
The large island which is also part of the Antilles that Jamaica, an island of the Antilles Group, lies south of is Cuba, with its capital of Havana.
Answer: See explanation
Explanation:
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Incidence of tax is the impact that a tax simply has on how the economic welfare are being distributed. It refers to how tax is being distributed between the producers and the buyers of a particular good. It should be noted that the tax burden is shared by the sellers depending on the elasticity of the said product.
For example, in a situation whereby a $2 tax is imposed on each good a producer produces, if the producer then pass the tax to the final consumers when he raised the price of the goods by $2, we can simply say that such good has a price inelastic as the entire burden falls on the consumer.
Also, assuming the producer can't increase prices because such good is price elastic, that is, there will be a greater change in the quantity of the goods demanded, the burden will be felt by the producer alone. Here, we can say that the tax incidence falls on the producer.