Ecn 104 chapter 7 test - Study guides, Class notes & Summaries
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ECN 104 Chapter 7 Test Questions and Answers All Correct
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ECN 104 Chapter 7 Test Questions and Answers All Correct 
When ___________ are paying tax it affects supply - Answer- sellers 
 
When ________ are paying tax it affects demand - Answer- buyers 
 
Tax Incidence - Answer- measure of who really bears the tax burden 
 
Principles of taxation - Answer- 1) incidence doesn't depend on who officially pay the tax 
2) Incidence depends on shapes of supply / demand curves ( price elasticities) 
 
Deadweight loss - Answer- larger when supply/ demand is...
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BUNDLE FOR ECN 104 EXAM QUESTIONS AND ANSWERS ALL CORRECT NEW UPDATE
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ECN 104 EXAM QUESTIONS AND CORRECT ANSWERS ALREADY PASSED

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ECN 104 Midterm Exam 2024 with Complete Solutions

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ECN 104 EXAM QUESTIONS AND ANSWERS ALL CORRECT NEW UPDATE

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ECN 104 QUIZ 2 QUESTIONS WITH 100% CORRECT ANSWERS 2024 LATEST UPDATE

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ECN 104 Chapter 7 Test
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