True or false: the effect of the tax on the quantity sold would have been larger if the tax had been levied on producers.

1 answer:

5 0

True. It doesn't matter who the levy falls on, producer or consumer. The elasticity will determine who ends up paying the tax.

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The statement that best explains the student observation is water is not a smooth surface after the rock is dropped in the pond.

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Here, the observation of the situation takes places immediately when the student drops the stone into the water.

Hence, the Option B is correct because the statement that best explains the student observation is water is not a smooth surface after the rock is dropped in the pond.