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umka2103 [35]
2 years ago
11

governments that are interested in minimizing the efficiency costs of taxation should only tax goods where

Business
2 answers:
lisov135 [29]2 years ago
6 0

Answer:

Governments that are interested in minimizing the efficiency costs of taxation should only tax goods where demand or supply, or both, are relatively inelastic.

Explanation:

hope this helps

Scorpion4ik [409]2 years ago
4 0

If a government is interested in minimizing the efficiency cost of taxation, they should only tax goods where the demand, supply, or both are relatively inelastic. If the price is elastic, then the tax could change the efficiency of the cost. Remember, prices that are inelastic are harder to change, while elastic prices are easier to effect through things such as taxes.

I hope this helps! :)

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grandymaker [24]

Answer:

C. possession utility

Explanation:

The explanation can be justified by the definition of these terms.

<em>Possession utility </em>is a term used to refer the value that the company offers to the consumers if they purchase or use the product in the way that the company made it for - similar with the feature of products. In general, it is the perceived value from the products.

Meanwhile: Knowledge utility is created from the increase in knowledge of the consumers about the product. This applies to the customers. Form utility is created when there is change in the shape or forms of products. Place utility is about making goods and services accessible to the potential consumers. And price utility is about making products affordable with customers and reasonable with the value it offers.

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3 years ago
When is it not necessary to build a new market supply schedule?
ss7ja [257]
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3 years ago
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Suppose the United States has two​ utilities, Commonweath Utilities and Consolidated Electric. Both produce 20 million tons of s
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Answer:

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