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A 3 Cents Per-Unit Tax on Bread Leads to No

Question 64

Multiple Choice

A 3 cents per-unit tax on bread leads to no change in the quantity bought and sold.The tax is paid


A) completely by the sellers.
B) completely by the buyers.
C) equally by the buyers and sellers.
D) mostly but not completely by the buyers.
E) completely by either the sellers or the buyers;we cannot tell without more information.

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