A tax is placed fully on the sellers of a good. If the demand for the good

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A tax is placed fully on the sellers of a good. If the demand for the good is perfectly inelastic, who ends up paying the tax? Explain your answer and represent it diagrammatically.

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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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Question Posted: Feb 12, 2016 07:36 AM

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A tax is placed fully on the sellers of a good. If the demand for the good

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If a tax is imposed on a good for which demand is perfectly inelastic buyers will pay the fu...View the full answer

Economics

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