Consumers will pay the full tax that is placed on the sellers of a good if demand is __________ or supply is __________.
A)perfectly inelastic; perfectly inelastic
B)elastic; inelastic
C)perfectly inelastic; unit elastic
D)perfectly elastic; perfectly inelastic
E)perfectly inelastic; perfectly elastic

Question

Quizplus · Accepted Answer

The Answer of Consumers will pay the full tax that is placed on the sellers of a good if demand is __________ or supply is __________.
A)perfectly inelastic; perfectly inelastic
B)elastic; inelastic
C)perfectly inelastic; unit elastic
D)perfectly elastic; perfectly inelastic
E)perfectly inelastic; perfectly elastic

Consumers Will Pay the Full Tax That Is Placed on the Sellers