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Using Supply and Demand Analysis, Which of the Following Is

Question 70

Multiple Choice

Using supply and demand analysis, which of the following is true ?


A) The burden of a tax on production cannot be determined on the basis of who actually pays the tax.
B) The burden of a tax on production is always split evenly between consumers and sellers.
C) Consumers bear the entire burden of a per unit tax on production.
D) Sellers bear the entire burden of a per unit tax on production.

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