If Demand Is Perfectly Elastic, a Sales Tax Is Paid

question 279

Multiple Choice

If demand is perfectly elastic, a sales tax is paid by

• A) only the buyers.
• B) only the sellers.
• C) both the buyers and sellers.
• D) None of the above answers is correct.

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Definitions:

Sexual Orientation

An enduring pattern of emotional, romantic, and/or sexual attractions to men, women, or both sexes.

Genetic

Relates to genes and heredity, influencing the development and characteristics of organisms.

Physiological

Relating to the functions and activities of living organisms and their parts, including all physical and chemical processes.

Romantic Love

Romantic love is a deep emotional, sexual, and affectional attraction toward a person with whom one wishes to share a relationship that goes beyond friendship.