A tax on a commodity whose supply is perfectly inelastic ...
A tax on a commodity whose supply is perfectly inelastic is
Shifted completely on the consumer
Completely borne by the supplier
Dividend in the ratio 60; 40 between the consumer and the supplier
Divided half-and-half between the producer and the consumer
Correct answer is B
No explanation has been provided for this answer.
In commercial banking, an account from which the customer cannot withdraw money instantly is a ...
Cost push inflation is likely to arise when ...
The terms of trade is described as unfavourable when ...
All the following are sources of finance to a Joint Stock Company except ...
The best way of presenting data in tabular form is in ...
Efficient distribution of goods in West Africa will be facilitated by ...