Solved

If the Demand for a Good Is Perfectly Inelastic,then a Tax

Question 38

Multiple Choice

If the demand for a good is perfectly inelastic,then a tax on the good will be paid


A) completely by the buyers.
B) completely by the sellers.
C) equally by the buyers and sellers.
D) mostly but not completely by the buyers.
E) mostly but not completely by the sellers.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions