Because the demand for the products produced by corporations is not likely to be perfectly elastic,it is likely that a tax on corporate profit will result in:

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If the demand for the products produced by corporations is not perfectly elastic, then corporations will not be able to pass on the entire tax burden to consumers in the form of higher prices. Instead, they will have to absorb some of the tax themselves, which will reduce their profits. To maintain their profit margins, corporations may also raise prices, which will shift some of the tax burden onto consumers. Therefore, a tax on corporate profit is likely to result in higher product prices, causing some of the tax burden to fall on consumers.

Because the Demand for the Products Produced by Corporations Is