The incidence of a tax is determined by whether the tax is imposed on the seller or the buyer.

Name: The incidence of a tax is determined by whether the tax is imposed on the seller or the buyer.
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Quizplus · Accepted Answer

The incidence of a tax is not solely determined by whether it is imposed on the seller or the buyer. It also depends on other factors such as the elasticity of demand and supply, and the ability of the parties to shift the burden of the tax onto the other.

The Incidence of a Tax Is Determined by Whether the Tax