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    Exam 6: Government Actions in Markets
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    If Supply Is Perfectly Elastic, a Sales Tax Imposed on Sellers
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If Supply Is Perfectly Elastic, a Sales Tax Imposed on Sellers

Question 319

Question 319

Multiple Choice

If supply is perfectly elastic, a sales tax imposed on sellers is paid by


A) only the buyers.
B) only the sellers.
C) both the buyers and sellers.
D) None of the above answers is correct.

Correct Answer:

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