Multiple Choice
Suppose that a tax is placed on a particular good. If the buyers end up bearing most of the tax burden, this indicates that the
A) demand is more inelastic than the supply.
B) supply is more inelastic than the demand.
C) government has required that buyers remit the tax payments.
D) government has required that buyers remit the tax payments
Correct Answer:
Verified
Correct Answer:
Verified
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