If a tax is imposed in a market in which demand is perfectly inelastic,

Lauren1

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10 years ago

If a tax is imposed in a market in which demand is perfectly inelastic,

If a tax is imposed in a market in which demand is perfectly inelastic,
A) the buyers pay the entire tax.
B) the sellers pay the entire tax.
C) the buyers and the sellers both pay a portion of the tax.
D) neither the buyer nor the seller pays the tax.

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MrDereche

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Lauren1 Author

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10 years ago

Thank you, this really, really helps Heavy Heart

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MrDereche

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10 years ago

You're welcome!

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