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    Exam 4: Supply and Demand: Applications and Extensions
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    When a Tax Is Imposed on a Good, the Actual
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When a Tax Is Imposed on a Good, the Actual

Question 152

Question 152

Multiple Choice

When a tax is imposed on a good, the actual incidence of the tax generally


A) falls entirely on the buyer.
B) falls entirely on the seller.
C) is shared between the buyer and seller.
D) is the same as the statutory incidence.

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