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This is condition whereby with increase in the price the quantity demanded also increases therefore the graph slopes from bottom left upwards and has a positive gradient
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∙ 11y ago
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What is regressive demand curve?
Regressive demand curve do not obey the first law of demand which states that the more the price of a commodity is decreased, thr greater the quantity that will be demanded. instead of continuingprogressively along thr general demand path, they suddenly turn and become regressive. It is a demand curve that turns and starts to go backwards.
What is the principle that justifies a regressive tax?
The benefits-received principle justifies a regressive tax.
Why is a 5 percent sales tax on gasoline regressive?
This is a fixed rate (proportional) tax, not a regressive tax.
A regressive tax is BEST defined as a rate of tax?
A regressive tax is a rate of tax that falls as the income rises.
What is the advantage of regressive tax?
regressive tax encourages earning. this is such that as for the case of progressive tax whereby the more you earn, the more taxes you pay in the case of regressive tax, the more you earn the more you get to keep.
What is regressive demand curve?
Regressive demand curve do not obey the first law of demand which states that the more the price of a commodity is decreased, thr greater the quantity that will be demanded. instead of continuingprogressively along thr general demand path, they suddenly turn and become regressive. It is a demand curve that turns and starts to go backwards.
Is colour blindness dominant or regressive?
Regressive.
What is the definition of regressive behavior?
what is the definition of regressive
Is payroll tax regressive or progressive?
Regressive
Is the sales tax progressive or regressive?
regressive
Are Alcohol taxes Regressive or Progressive?
Regressive
When was Regressive by Default created?
Regressive by Default was created in 2006.
Is a tax where every one pays the same percentage regressive?
regressive.
Tell you a for regressive?
Tell me a for regressive, if that makes you happy. It makes no sense to me whatsoever!
What is the principle that justifies a regressive tax?
The benefits-received principle justifies a regressive tax.
How do you write a sentence using the word regressive?
The State should also make sure that the support is not regressive.
Why is a 5 percent sales tax on gasoline regressive?
This is a fixed rate (proportional) tax, not a regressive tax.
