livireed6701 livireed6701

03-03-2020
Business

contestada

Taxes on goods with demand curves will tend to raise more tax revenue for the government than taxes on goods with demand curves.

Respuesta :

zunesyed zunesyed

11-03-2020

Answer:

Inelastic; elastic

Explanation:

Goods with inelastic demand curves tend to raise more government revenue compared to goods with the elastic demand curve. An increase in price does not affect the demand of inelastic goods and it remains the same, that is why, governments usually increase the prices of goods that have inelastic demand curve, for example, petrol and toll tax, etc.

Answer Link

Otras preguntas

Select the correct answer. Based on this excerpt from Susan Glaspell's Trifles, which sentence best states what Mrs. MRS HALE: (looking about it never seemed a

Please help ASAP! Thanks! Willing to give brainly. __________ is the tendency of an object with mass to resist a change in motion. Inertia Normal force Drag Te

Democritus's original atomic theory was revised because it a. claimed matter is made of atoms b. claimed atoms could be divided C. explained what electrons are

What does the Landlady want Billy to do, because according to her, "it's the law of the land?" Pay a tip at the end of the visit Sleep in the basement Take a se

The President is America's "Chief Diplomat. A) True B) False

Completion of a client's pulmonary function study has yielded the following data: tidal volume, 500 mL; inspiratory reserve, 3100 mL; expiratory reserve, 1200 m

Martha estimated the quotient of -71.81 and -8.02 using rounding to the nearest whole number. What was Martha’s error? She should have rounded the dividend to

Why is congress at the heart of the most basic government function of our democratic system

You are trying to decide whether to take a vacation. Most of the costs of the vacation (airfare, hotel, and forgone wages) are measured in dollars, but the bene

What did great zimbabwe believed to be