Suppose That in a Particular Market,the Demand Curve Is Highly

question 88

Multiple Choice

Suppose that in a particular market,the demand curve is highly elastic,and the supply curve is highly inelastic.If a tax is imposed in this market,then the

• A)buyers will bear a greater burden of the tax than the sellers.
• B)sellers will bear a greater burden of the tax than the buyers.
• C)buyers and sellers are likely to share the burden of the tax equally.
• D)buyers and sellers will not share the burden equally,but it is impossible to determine who will bear the greater burden of the tax without more information.

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Definitions:

Disposable Supply

Disposable Supply refers to medical or healthcare materials and products intended for one-time or short-term use before being discarded.

Stool Presence

The existence or detection of fecal matter in a clinical context, often analyzed for medical diagnosis.

Disposable Supplies

Medical or laboratory items intended for one-time or temporary use to ensure hygiene and reduce the risk of contamination.

Physical Examination

A thorough assessment and evaluation of a person's body and its functions using inspection, palpation, percussion, and auscultation.