Solved

The Incidence of a Per-Unit Tax on a Good Is

Question 106

Multiple Choice

The incidence of a per-unit tax on a good is identical for buyers and sellers of the good if ________.


A) the buyers and sellers of the good are equally sensitive to price changes
B) the elasticity of market demand exceeds the elasticity of market supply
C) the market supply curve is flatter than the market demand curve
D) the market demand curve is horizontal

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents