When price elasticity of supply is _____, this tends to decrease the portion of the tax paid by buyers.

Name: When price elasticity of supply is _____, this tends to decrease the portion of the tax paid by buyers.
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Question

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When the price elasticity of supply is elastic, producers can more easily adjust their production in response to price changes, leading to a larger portion of the tax burden being shifted to sellers rather than buyers.

When Price Elasticity of Supply Is _____, This Tends to Decrease