A burden of a tax on a good will not always be borne entirely by the seller.

Name: A burden of a tax on a good will not always be borne entirely by the seller.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The burden of a tax on a good can be shared between the seller and the buyer, depending on various factors such as the elasticity of demand and supply, market conditions, and bargaining power. Ultimately, the distribution of the burden depends on the relative strengths of these factors.

A Burden of a Tax on a Good Will Not