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ECO 204 WEEK 2 QUIZ.| ASHFORD UNIVERSITY

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ECO 204 WEEK 2 QUIZ.

Institution
Ashford University
Course
ECO 204

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ECO 204 WEEK 2 QUIZ.

, The more inelastic the demand for a good, the more any excise tax placed on the good
will fall on of that good.


producers



distributors



providers




consumers



Question 2
pts
What is an economist’s definition of tax incidence?



the place where the burden of tax actually falls



the type, rate, and level of tax being levied



the point at which supply and demand curves cross on a graph



how many times a business is taxed



Question 3
pts




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  • eco 204 week 2 quiz   the more inelastic the demand for a good
  • the more any excise tax placed on the good will fall on of that good producers distributors providers consumers what is
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