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Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767Microeconomics 9th Edition by Stephen Slavin
Edition 9ISBN: 9780077426767 Exercise 15
If supply is perfectly inelastic, a tax increase is borne _________
A) only by the buyer
B) only by the seller
C) mostly by the buyer
D) mostly by the seller
A) only by the buyer
B) only by the seller
C) mostly by the buyer
D) mostly by the seller
Explanation
Verified
Verified
When supply is perfectly inelastic, it m...
Microeconomics 9th Edition by Stephen Slavin
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