Suppose the government imposes a $1 tax on frisbees, and the price of a frisbee paid by demanders rises by $1.

Name: Suppose the government imposes a $1 tax on frisbees, and the price of a frisbee paid by demanders rises by $1.
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If the supply is perfectly elastic, suppliers will not bear any of the tax burden, and the entire tax will be passed on to consumers, resulting in a $1 increase in the price paid by demanders.

Suppose the Government Imposes a $1 Tax on Frisbees, and the Price