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Business, 14.12.2019 04:31 breannaasmith1122

The demand for gasoline is inelastic and the supply of gasoline in the winter is elastic. therefore,

a. sellers bear most of the incidence of the tax.
b. buyers bear most of the incidence of the tax.
c. the government bears most of the incidence of the tax.
d. none of the above answers are correct.

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The demand for gasoline is inelastic and the supply of gasoline in the winter is elastic. therefore,...
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