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Title: The supply of milk in Nexus City is perfectly elastic. If a tax is imposed on each gallon of milk ... Post by: whipped on May 23, 2017 The supply of milk in Nexus City is perfectly elastic. If a tax is imposed on each gallon of milk sold, ________.
A) the burden of the tax will fall entirely on the sellers B) the burden of the tax will fall entirely on the buyers C) the tax incidence on the sellers is higher than that on the buyers D) the deadweight loss due to taxation is zero Title: Re: The supply of milk in Nexus City is perfectly elastic. If a tax is imposed on each gallon of ... Post by: Simpleman on May 23, 2017 Content hidden
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