A shortage of a good occurs when :
A) the quantity supplied equals the quantity, demanded
B) the quantity supplied is greater than quantity demanded
C) the quantity supplied is less than the quantity demanded
D ) supply does not exist
Who ultimately pays the tax depends on who writes the check to the government
TRUE OR FALSE
if a buyers pay $10 per unit and sellers receive $8.50 per unit the tax is 1.50 per unit TRUE OR FALSE
A shortage of a good occurs when :
A) the quantity supplied equals the quantity, demanded
B) the quantity supplied is greater than quantity demanded
C) the quantity supplied is less than the quantity demanded
D ) supply does not exist
Who ultimately pays the tax depends on who writes the check to the government
TRUE OR FALSE
if a buyers pay $10 per unit and sellers receive $8.50 per unit the tax is 1.50 per unit TRUE OR FALSE
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