Multiple Choice
The actual burden of a tax
A) falls most heavily on the side of the market that is more elastic.
B) falls most heavily on the side of the market that is more inelastic.
C) falls most heavily on the side of the market that is closest to unitary elasticity.
D) is distributed independently of relative elasticities of supply and demand.
Correct Answer:
Verified
Correct Answer:
Verified
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