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Title: At harvest time the supply of wheat is perfectly inelastic. If the government taxes wheat at $1 a bu Post by: Loraine on Jun 20, 2015 At harvest time the supply of wheat is perfectly inelastic. If the government taxes wheat at $1 a bushel, then
A) the seller pays the entire tax. B) the buyer pays the entire tax. C) the seller and the buyer split the tax evenly. D) the seller and the buyer split the tax but the seller pays more. E) no one pays the tax because the wheat must be harvested or it will go to waste. Title: Re: At harvest time the supply of wheat is perfectly inelastic. If the government taxes wheat at $1 Post by: Sydnie on Aug 5, 2015 Content hidden
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