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Consider a market for good B. Supply of good B is neither perfectly inelastic nor perfectly elastic. Suppose demand for good B becomes more elastic.

Consider a market for good B. Supply of good B is neither perfectly inelastic nor perfectly elastic. Suppose demand for good B becomes more elastic.

a.Will tax burden on buyers increase or decrease?

b.Will tax burden on sellers increase or decrease?

c.Will DWL increase or decrease?

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