Answer:
The correct answer is b) burden of the tax will be shared by the buyers and the sellers, but the division of the burden is not always equal.
Explanation:
According to the market equilibrium model, a market reaches equilibrium in the point where demand and supply curves intersect. When a new tax is introduced on sellers, the price of the good increases, shifting not only the supply curve, but the demand curve as well, since consumers will buy less of the good. Only if either demand or supply curve was completely elastic or completely inelastic, would the tax have incidence on either buyer or seller alone.
You can compare this to the analogy of climbing on top of a mountain. When you make a few delays when you are still near the base of the mountain, it would not significantly make an impact. But if you are already near the peak, it's do or die. Every act you do is significant because you are already towards the end of your goal.
So, since a developed nation has a very high economic power, it also takes effort to maintain it. Thus, every act must be consistent.
1. Have you ever been bullied or harassed based off of one of your identities such as your race, sexual orientation, religion, or any other identity?
2. Did you ever seek help because you were being bullied and harassed?
3. Have you ever been slurred at, degraded, or verbally abused?
4. If comfortable sharing, have you ever suffered any sort of mental health issue as a result of the bullying and harassment you endured such as anxiety, depression, self-harm, etc;?
5. Have you ever been made to feel ashamed of one of your identities?
I hope this helps.
Answer:
so just look at what you learned, and just share your thoughts to the questions
Explanation: