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Economics 10th Edition by William McEachern
Edition 10ISBN: 978-1133188124Economics 10th Edition by William McEachern
Edition 10ISBN: 978-1133188124 Exercise 8
The claim is often made that a tax on a specific good is simply passed on to consumers. Under what conditions of demand and supply elasticities does this occur? Under what conditions is little of the tax passed on to consumers?
Explanation
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Incidence of tax: Demand and Supply Elas...
Economics 10th Edition by William McEachern
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