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Title: Consumers will bear a larger burden of an excise tax if Post by: darkfire12 on Sep 26, 2022 Consumers will bear a larger burden of an excise tax if
▸ both demand and supply are relatively inelastic. ▸ demand is relatively elastic and supply is relatively inelastic. ▸ both demand and supply are relatively elastic. ▸ demand is relatively inelastic and supply is relatively elastic. ▸ the tax is collected by firms rather than remitted directly to the government by consumers. Title: Consumers will bear a larger burden of an excise tax if Post by: cglotfelty on Sep 26, 2022 Content hidden
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