Business, 20.03.2020 20:58 Itsyourgirllulu

1. ) The of an excise tax depends on the of the taxed good's supply and demand curves.

First Blank Options: Frequency. Rate. Incidence. Administrative Costs.

Second Blank Options: Income Inelasicity. Cross Elasticity. Arc Elastcity. Price Elasticity.

2.) The economic entity with the in terms of their production and consumption incur the largest burden of excise taxes.

First Blank Options: Most flexibility. Lowest Opportunity Cost. Least Flexibility. Highest Opportunity Cost.

Second Blank Options: Complements. Functions. Substitutes. Outputs.

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1. ) The of an excise tax depends on the of the taxed good's supply and demand curves.

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