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4) The tax incidence on buyers is higher if _______.A) the buyers and sellers of a good are equally sensitive to price changesB) the elasticity
4) The tax incidence on buyers is higher if _______.A) the buyers and sellers of a good are equally sensitive to price changesB) the elasticity of the market demand curve is higher than the elasticity of the market supply curveC) the elasticity of the market supply curve is higher than the elasticity of the market demand curveD) the number of sellers in a market is larger than the number of buyers
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