14. When a tax is collected from the buyers in a market, a. the buyers bear the...
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14. When a tax is collected from the buyers in a market,
a. the buyers bear the burden of the tax.
b. the sellers bear the burden of the tax.
c. the tax burden on the buyers and sellers is the same as an equivalent tax collected from the sellers.
d. the tax burden falls most heavily on the buyers.
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Related Book For
Study Guide For N. Gregory Mankiw's Principles Of Microeconomics
ISBN: 9783030019983
5th Edition
Authors: David R. Hakes
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