Question 0

When an indirect tax is levied on the producer of a good, the burden on the consumer will depend largely on the?

  • A.elasticity of demand for the good
  • B.proportion of the consumer's income spent on the good
  • C.elasticities of demand and supply of the commodity
  • D.availability of substitiutes for the commodity
  • E.
Objective

Question details

Exam body
JAMB
Subject
Economics
Year
1998
Question no.
#0
Type
Objective

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