Question 0

Under normal circumstances a producer will bear the entire burden of taxation on his output if the?

  • A.demand for his product is completely elastic
  • B.supply of his goods is more elastic than the demand
  • C.demand for his product is more elastic than the supply
  • D.production of his commodities is subject to diminishing returns
  • E.production of his commodities is subject to increase returns to scale
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
1985
Question no.
#0
Type
Objective

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