Answer: Porphyry
Explanation:
This is an igneous rock that has a fine grained texture!
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Answer: Portugal and Spain!
Explanation:
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.
The Ancient Maya<span>. </span>Mayan<span> civilization lasted for more than 2,000 years, but the period from about 300 A.D. to 900 A.D., known as the Classic Period, was its heyday. During that time, the </span>Maya<span> developed a complex understanding of astronomy.</span>
