A Roof with Gable Ends on Both Sides in a Rectangular

question 27

Multiple Choice

A roof with gable ends on both sides in a rectangular building has

• A)eaves on two sides.
• B)no eaves.
• C)eaves on all four sides.
• D)eaves on three sides.
• E)eave on one side.

---

Definitions:

Perfectly Elastic

Describes a situation where the quantity demanded or supplied responds infinitely or massively at a particular price level, often represented by a horizontal line on a graph.

Excise Tax

An indirect tax charged on the sale of a particular good, usually intended to discourage use of the good or to raise revenue.

Tax Incidence

The degree to which a tax falls on a particular person or group.

Burden of a Tax

The economic impact of a tax on the welfare of buyers or sellers, often depending on the relative elasticities of demand and supply.