Multiple Choice
Whether an excise tax is imposed on a demander or supplier is irrelevant because
A) in either case the price that the demander has to pay will decrease;while the price the supplier receives will increase
B) in either case the price that the demander has to pay will increase;while the price the supplier receives will decrease
C) either situation will create excess demand
D) either situation will create excess supply
E) none of these are correct
Correct Answer:

Verified
Correct Answer:
Verified
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