Questions

Only if either demand or supply was either completely elastic or inelastic will the tax burden fall entirely on either the buyer or the seller. Between these 2 extremes, tax incidence varies continuously from a perfectly inelastic supply or perfectly elastic demand, where the sellers assumes the entire burden of the tax to the perfectly elastic supply or perfectly inelastic demand where the buyers bear the entire burden. To better see how the elasticity of supply and demand affects tax incidence, consider a 20% tax on a can of soda. Suppose the government decides that the buyer should pay the 20% tax. Does this mean that the buyers will be paying 20% more, or will sellers have to share some of the tax burden? Since higher prices decrease demand, regardless of the reason for the higher prices, sellers will share some of the burden. How much of the burden will be determined by the elasticity of supply and demand for the product?

Hygrometer is used for measuring humidity of air.

Here there are combination of two series.

 1) 9, 18, 36, 72, 144

 2) 8, 6, 4, 2, 0

Therefore, The next number in the given series is 0.

B is correct, an abstract class need not implement any or all of an interface’s methods

The North American Free Trade Agreement (NAFTA) is an agreement signed by Canada, Mexico, and the United States and entered into force on 1 January 1994 in order to establish a trilateral trade bloc in North America.

‘To’ is always followed by the first form of the verb. So, the phrase ‘to taking part in’ needs to be replaced with ‘to take part in’. Thus, the correct formation would be, ‘He wanted my permission to take part in sports’.