A tax incidence is an economic term for the division of a tax burden between buyers and sellers. Tax incidence is related to the price elasticity of supply and demand. When supply is more elastic than demand, the tax burden falls on the buyers.
Answer:
Marcus can buy 25 burritos.
Explanation:
Giving the following information:
The price of burritos rose from $5.50 per burrito last month to $6.60 per burrito this month.
Assume that Marcus has a fixed income of $165 that he can spend on burritos.
<u>To calculate the number of burritos that Marcus can afford, we need to use the following formula:</u>
Quantity= total income / unitary cost
Q= 165/6.6
Q= 25 burritos
With high opinion to the procedure of altering a habit, janice is at awareness step. The consciousness denotes to the individual awareness of your sole interpretations, commemorations, emotional state, feelings and surroundings. The conscious involvements are continuously instable and altering.
Answer: D) rising;falling
Explanation:
Two important trends in the labor force participation rates of adults aged 20 and over in the United States since 1948 are the rising labor force participation rate of adult women and the falling labor force participation rate of adult men.
