Chemistry, 25.10.2019 20:43 jesusalmaraz
Buyers of a product will bear the larger part of the tax burden, and sellers will bear a smaller part of the tax burden, when the
a. tax is placed on the sellers of the product.
b. tax is placed on the buyers of the product.
c. supply of the product is more elastic than the demand for the product.
d. demand for the product is more elastic than the supply of the product.
Answers: 1
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Buyers of a product will bear the larger part of the tax burden, and sellers will bear a smaller par...
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