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Assume we have a unit tax of 10%. If the seller is able to shift the complete burden of the tax to the buyer, without
Assume we have a unit tax of 10%. If the seller is able to shift the complete burden of the tax to the buyer, without decreasing the pre-tax price of the good, demand for the good is likely
Select one:
a.very inelastic.
b.very elastic.
c.unit elastic.
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