The incidence of sales tax is determined by the

Name: The incidence of sales tax is determined by the
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The incidence of sales tax, which refers to who bears the cost of the tax, is determined by the price elasticities of supply and demand. This means it depends on how much the quantity supplied and demanded responds to changes in price. If demand is more elastic than supply, producers bear more of the tax burden, and vice versa.

The Incidence of Sales Tax Is Determined by the