When a good is taxed, the burden of the tax falls mainly on consumers if a. the

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When a good is taxed, the burden of the tax falls mainly on consumers if

a. the tax is levied on consumers.

b. the tax is levied on producers.

c. supply is inelastic and demand is elastic.

d. supply is elastic and demand is inelastic.

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Principles Of Macroeconomics

ISBN: 9780357133491

9th Edition

Authors: N. Gregory Mankiw

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Question Posted: Sep 28, 2024 09:00 AM

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When a good is taxed, the burden of the tax falls mainly on consumers if a. the

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Principles Of Macroeconomics

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