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In General, the Buyers Will Tend to Pay a Bigger

Question 274

Multiple Choice

In general, the buyers will tend to pay a bigger share of a tax on a good when


A) the price elasticities of supply and demand are low.
B) the price elasticities of supply and demand are high.
C) the price elasticity of supply is low and the price elasticity of demand is high.
D) the price elasticity of supply is high and the price elasticity of demand is low.

Correct Answer:

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