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The burden of tax is divided between buyers and sellers by the forces of supply and demand.

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Kelli Prosacco

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2y ago

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What determines how the burden of a tax is divided between buyers and sellers?

The burden of tax is divided between buyers and sellers by the forces of supply and demand.


How do buyers and sellers share the burden when a tax is levied on a good?

When a tax is imposed on a good, buyers and sellers typically share the burden by adjusting the price of the good. Sellers may increase the price to cover the tax, which can lead to higher prices for buyers. Buyers may also end up paying more for the good as a result of the tax. Ultimately, the burden of the tax is shared between buyers and sellers through changes in the price of the good.


Is the tax burden of sin taxes on tobacco products shared equally between consumers and -producers?

no,buyers pay more


In undivided interest of property if all are on the note and 1 decides to stop paying their share of the note Can the others foreclose on that person and take their share away from them?

The answer is most likely "no". The relationship which gives rise to the power to foreclose is between the lender or seller and the buyer or buyers, not between joint buyers. The relationship between buyers, or joint owners will determine among them how to enforce joint payment of the mortgage. Is there a contract between the buyers? Is it written or oral? If oral is there a documented practice between the buyers? How this is resolved will depend on what state the property is located in.


What is'Tax Incidence'?

Tax incidence refers to the distribution of a tax burden between buyers and sellers in a market. It shows who ultimately ends up bearing the economic cost of a tax, whether it is passed on to consumers in the form of higher prices, or to producers in the form of lower revenue or profits.


When will the equilibrium between the buyers and seller happen?

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When will equilibrium between buyers and sellers happen?

oiii


What is the age of the buyers who buys the most online?

Individuals between the ages of 25 and 35 lead the way of buyers who buy the most online. Women are the top gender of buyers.


What is difference between the actual buyers and potential buyers?

actual buyer is that which is actual buyer and potential buyer is that which is potential buyer..............


What is the different between actual buyers and potential buyers?

actual buyer is that which is actual buyer and potential buyer is that which is potential buyer..............


How does elasticity effect the tax incidence?

Tax incidence (the distribution of the tax burden among the buyers and sellers in a market) depends on the elasticity of demand and supply because elasticity measures the buyer and seller's willingness to leave the market when the prices of goods change. The more elastic demand/supply is, the more buyers/sellers will leave the market when the prices rise.Therefore, the tax burden falls more on the side of the market with the smaller elasticity, because a small elasticity means that more buyers/sellers remain in the market when the prices rise due to their being fewer available alternatives.


Who will judge the rise and fall of shares?

All those who are buying and selling each day are "judging" in a sense. The market determines the value, and the buyers and sellers are that market.