<span>Nuclear provides over half of low-carbon electricity.
</span>Nuclear power<span> plants currently operate in 31 </span>countries, from which most of them are in Europe. The statement that e<span>astern Europe uses nuclear energy for electricity production at a higher proportion compared to other parts of the world is true.</span>
The first answer: "Mexico is the largest foreign supplier of marijuana and methamphetamine to the US market
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.
