Suppose the Demand for Macaroni Is Inelastic,the Supply of Macaroni

question 185

Multiple Choice

Suppose the demand for macaroni is inelastic,the supply of macaroni is elastic,the demand for cigarettes is inelastic,and the supply of cigarettes is elastic.If a tax were levied on the sellers of both of these commodities,we would expect that the burden of

• A)both taxes would fall more heavily on the buyers than on the sellers.
• B)the macaroni tax would fall more heavily on the sellers than on the buyers,and the burden of the cigarette tax would fall more heavily on the buyers than on the sellers.
• C)the macaroni tax would fall more heavily on the buyers than on the sellers,and the burden of the cigarette tax would fall more heavily on the sellers than on the buyers.
• D)both taxes would fall more heavily on the sellers than on the buyers.

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Definitions:

Structured Interviewing

A systematic approach to interviews where all candidates are asked the same predetermined set of questions for fair and consistent evaluation.

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The various factors, including environment, upbringing, and internal motivations, that affect an individual's actions and reactions.

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Sexual Harassment

Inappropriate sexual overtures, pleas for sexual privileges, and further sexual natured verbal or physical pestering.