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Because the supply of land is perfectly inelastic, a tax on land income Group of answer choices a. is paid entirely by the suppliers. b.
Because the supply of land is perfectly inelastic, a tax on land income
Group of answer choices
a. is paid entirely by the suppliers.
b. is paid entirely by the demanders.
c. is shared equally between the suppliers and the demanders.
d. is shared, but not equally, between the suppliers and the demanders.
e. creates a deadweight loss.
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