Multiple Choice
If the supply curve is more inelastic than the demand curve in a market that is taxed, then:
A) sellers will bear a greater tax burden than buyers.
B) sellers will bear a smaller tax burden than buyers.
C) the tax burden will be shared equally by buyers and sellers.
D) All of these could be correct.
Correct Answer:
Verified
Related Questions
Q127: Q128: If sellers bear a greater tax burden Q129: Does a tax on buyers affect the Q130: When a tax is placed on buyers:
A)
