Multiple Choice
When a tax is levied on a good, the buyers and sellers of the good share the burden,
A) provided the tax is levied on the sellers.
B) provided the tax is levied on the buyers.
C) provided a portion of the tax is levied on the buyers, with the remaining portion levied on the sellers.
D) regardless of how the tax is levied.
Correct Answer:
Verified
Correct Answer:
Verified
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