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thochatown thochatown
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5 years ago
Suppose the demand curve for a product is downward sloping and the supply curve is upward sloping. If a unit tax is imposed in the market for this product,
A) sellers bear the entire burden of the tax.
B) the tax burden will be shared among the government, buyers and sellers.
C) buyers bear the entire burden of the tax.
D) the tax burden will be shared by buyers and sellers.
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InMacro

InMacro


Edition: 1st
Authors:
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hoajlmtsdlagfanhoajlmtsdlagfan
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5 years ago
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