According to the Ramsey Rule, excise taxes should be goods with _________ on those

a. Higher; less elastic demand
b. Lower: more clastic demand
c. Both (a) and (b) are true.
d. Neither (a) nor (b) is true.

Question

25-06-2024
Business

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According to the Ramsey Rule, excise taxes should be goods with _________ on those

a. Higher; less elastic demand
b. Lower: more clastic demand
c. Both (a) and (b) are true.
d. Neither (a) nor (b) is true.

Sagot :

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Sagot :

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