The imposition of an excise tax will cause the least burden on consumers when demand is
A)elastic.
B)unit elastic.
C)perfectly inelastic.
D)perfectly elastic.
E)vertical.

Question

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The Answer of The imposition of an excise tax will cause the least burden on consumers when demand is
A)elastic.
B)unit elastic.
C)perfectly inelastic.
D)perfectly elastic.
E)vertical.

The Imposition of an Excise Tax Will Cause the Least