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Loraine Loraine
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9 years ago
If a tax is placed on suppliers of a good, then the incidence of the tax
A) falls more on the sellers if demand is elastic.
B) falls more on the sellers if demand is inelastic.
C) is usually split equally between the buyers and the sellers.
D) usually falls more on the sellers than the buyers.
E) usually falls more on the buyers than the sellers.
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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9 years ago
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