Who bears the majority of a tax burden depends on whether the tax is placed on the buyers or the sellers.

Name: Who bears the majority of a tax burden depends on whether the tax is placed on the buyers or the sellers.
Brand: Quizplus
Rating: 4.8 (42 reviews)

Question

Quizplus · Accepted Answer

Who bears the majority of a tax burden depends on the price elasticity of demand and supply for the product, not on whether the tax is placed on buyers or sellers.

Who Bears the Majority of a Tax Burden Depends on Whether