If the Demand for a Good Is Perfectly Elastic,then a Tax

question 41

Multiple Choice

If the demand for a good is perfectly elastic,then a tax on the good will be paid

• A)completely by the buyers.
• B)completely by the sellers.
• C)equally by the buyers and sellers.
• D)mostly but not completely by the buyers.
• E)mostly but not completely by the sellers.

---

Definitions:

Selectivity

The process or practice of choosing or selecting from among a variety of options or possibilities.

Past 50 Years

A reference to the historical period extending approximately from the current year backwards through the last five decades.

Prejudice And Discrimination

Negative, unjust treatment of individuals based on differences like race, gender, or other characteristics, often rooted in preconceived judgments.

Minority Groups

Social groups that are differentiated from the majority in a society by characteristics such as culture, religion, ethnicity, or sexual orientation.