If the elasticity of supply is 3 and the elasticity of demand is 1 (in absolute value), buyers will bear less of the tax than sellers.
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Q189: If demand is more elastic than supply,
Q190: As long as neither supply nor demand
Q191: The more elastic side of the market
Q192: When demand is more elastic than supply,
Q193: If it previously existed, a tax decreases
Q195: Suppose the government requires firms to buy
Q196: Who ultimately pays the tax depends on
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