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If the Government Wanted a Tax to Not Burden Producers

Question 122

Multiple Choice

If the government wanted a tax to not burden producers much, it would want to tax an industry with


A) ​elastic supply and demand curves.
B) ​inelastic supply and demand curves.
C) ​inelastic supply and elastic demand.
D) ​elastic supply and inelastic demand.

Correct Answer:

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