The Tax Burden Will Fall Most Heavily on Sellers of the Good

question 189

Multiple Choice

The tax burden will fall most heavily on sellers of the good when the demand curve

• A)is relatively steep,and the supply curve is relatively flat.
• B)is relatively flat,and the supply curve is relatively steep.
• C)and the supply curve are both relatively flat.
• D)and the supply curve are both relatively steep.

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Definitions:

Employment

A relationship between an employer and an employee where the employee is paid for carrying out assigned tasks.

Discrimination

Unfair treatment or prejudice against individuals or groups based on characteristics such as race, gender, age, or sexual orientation.

Bona Fide Occupational Qualifications

Refers to the essential job qualifications that an employer can legally require, which can include a specific age, sex, religion, or national origin, if they are reasonably necessary to the normal operation of that particular business.

Race

A social construct used to categorize humans into large and distinct populations based on various factors including physical appearance, ancestry, culture, and history.