The incidence of a tax falls more heavily ona consumers, Ask an Expert

Economics

The incidence of a tax falls more heavily on

a) consumers than producers if demand is more inelastic than supply.

b) producers than consumers if supply is more inelastic than demand.

c) consumers than producers if supply is more elastic than demand.

d) all of the above are correct

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M91275984

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