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whipped whipped
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7 years ago
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
Textbook 
Microeconomics

Microeconomics


Edition: 1st
Authors:
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SimplemanSimpleman
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7 years ago
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whipped Author
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7 years ago
Thanks
nsak
wrote...

Yesterday
Thanks for your help!!
kc123
wrote...

2 hours ago
Good timing, thanks!
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