The Incidence of a Tax Is Determined by

question 45

Multiple Choice

The incidence of a tax is determined by

• A) the relative elasticities of supply and demand.
• B) who pays the tax out of pocket.
• C) whether the supply curve or demand curve shifts as a result of the tax.
• D) how much tax revenue it generates.
• E) how much paperwork there is to complete.

---

Definitions:

On-Premise ERP

Refers to Enterprise Resource Planning systems installed and operated from a customer's in-house server and computing infrastructure.

Vanilla Approach

A term referring to the most basic, straightforward, or standard method of doing something, without any customization or embellishment.

ERP Implementation

The process of planning, configuring, and deploying Enterprise Resource Planning software, which integrates various business processes and functions into a cohesive system.

Custom Approach

A tailored method that is specifically designed to meet the unique requirements or preferences of an individual or organization.